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Business
Masayoshi Son’s Huge Bet on Electrical Turbines Backfires
SoftBank's billion-dollar loss on electrical turbines raises questions about AI's natural gas ambitions.
Vision Fund
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Business
SoftBank slumps to $7bn loss on US data centre writedown
SoftBank Group reported a $7 billion quarterly loss driven by a $3.7 billion writedown on advance payments for U.S. data center projects, according to The Information.
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Business
SoftBank Posts $7 Billion Loss as AI Trade Falters
SoftBank Group reported a $7 billion first-half loss and saw shares plunge 10% as founder Masayoshi Son's aggressive AI and data-center bets unraveled.