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The Latest Breaking News from SoftBank

Ex-Peak XV trio raises Mettle; Fintechs go licence hunting

Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and more in today's ETtech Morning Dispatch.

The Economic Times

SoftBank logs $600 million paper loss on India-listed portfolio in March quarter

SoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola Electric saw their market value drop. This led to substantial paper losses for SoftBank's Vision Fund. Despite overall gains from other investments, the Indian portfolio's performance highlights recent market challenges. SoftBank has…

The Economic Times

SoftBank logs $600 million paper loss on India-listed portfolio in Jan-Mar

The Economic Times

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Japan's SoftBank racks up huge profit gains with lift from lucrative AI investments

Japanese technology investor Softbank Group says profits for the fiscal year through March zoomed by nearly five-fold as its AI investments paid off

The Independent UK

SoftBank profit more than triples to $12 billion on OpenAI stake gains

Technology investor SoftBank Group reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, a significant increase from the previous year. This marks five consecutive quarters of profit, largely driven by its substantial investment in OpenAI, whose rising valuation contributed 3.

The Economic Times

SoftBank to manufacture its own batteries with water-based tech to power AI data centers — targets gigawatt-hour-scale production by 2028

The Japanese company is partnering with two South Korean startups, Cosmos Lab and DeltaX, to produce zinc-halogen batteries.

Tom’s Hardware

SoftBank's OpenAI-related debt in focus as another strong quarter expected

SoftBank anticipates a strong quarterly profit, largely driven by its significant investment in OpenAI, whose valuation has surged. However, concerns are mounting over the substantial debt SoftBank is accumulating to fund these commitments, leading to a negative credit outlook from S&P Global Ratings.

The Economic Times

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SoftBank plans robotics and AI firm in the US to build data centers — aims for $100 billion valuation and an IPO this year

SoftBank is planning to launch an AI and robotics startup in the U.S. to build data centers. The firm is gunning for a $100 billion valuation and aims to list the startup this year.

Tom’s Hardware

OpenAI has effectively abandoned first-party Stargate data centers in favor of more flexible deals — company now prefers to lease compute and says Stargate is an umbrella term

OpenAI has reportedly modified its arrangement on several Stargate projects, leaving the direct ownership set up and instead preferring to lease compute from other partners who took on the direct risk of investing in the infrastructure.

Tom’s Hardware

Wall Street is panicking about OpenAI. A veteran tech analyst says everyone's overreacting

Between the Wall Street Journal's report on what Sarah Friar said and the lawsuit by Elon Musk painting him as a liar, Sam Altman’s having a bad week.

Fortune

Market slumps as OpenAI reportedly misses internal targets for active users and revenue — Nvidia, Oracle, AMD, and CoreWeave shares all tremble on the news

Nvidia, Oracle, SoftBank, and CoreWeave saw their stock prices go down because of news that OpenAI has been missing its internal targets. SoftBank stock lost 9.9% of its value on the Tokyo Stock Exchange. Nvidia, AMD, Oracle, and CoreWeave also dropped during pre-market trading and remain down after the market…

Tom’s Hardware

SoftBank subsidiary working with Intel to develop radical new ZAM memory is now receiving Japanese gov't subsidies — new memory designed as a lower-power HBM for AI workloads

Japan’s SaiMemory, a SoftBank subsidiary collaborating with Intel, has secured NEDO funding to develop Z-Angle Memory (ZAM), a next-gen DRAM architecture addressing HBM limitations

Tom’s Hardware

This weird Japanese ad has ruined the way I look at jelly beans forever

I have no idea what’s going on, but I love it.

Creative Bloq

Trump officials announce 10-gigawatt data center, gas plants for former Ohio uranium site

The U.S. Department of Energy has announced a public-private partnership with SoftBank and AEP Ohio to develop a massive artificial intelligence data center and power complex at a former uranium enrichment site in southern Ohio

The Independent UK

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Tom’s Hardware

Planned 10-gigawatt Softbank data center in Ohio might be the largest in the world — will require a $33 billion natural gas plant, equivalent to nine nuclear reactors

SoftBank is looking forward to building a $60 billion - $70 billion AI data center spanning multiple phases in Ohio.

Latin Times

A Look At What's in Store for Latin America's Venture Capital Landscape in 2026

According to some investors and analysts, the market is wary of whether early gains by regional AI startups are sustainable, and other persistent barriers, both structural and cultural, continue to bedevil VC activity in the region.

International Business Times

PayPay Corporation (PAYP) Surges in Nasdaq Debut, Closing Up 16% as SoftBank-Backed Fintech Gains Momentum

NEW YORK — PayPay Corporation, the Japanese digital payments giant backed by SoftBank Group, continued its strong post-IPO performance in early trading Monday, March 16, 2026, building on a robust Nasdaq debut last week that saw shares jump significantly above the offering price despite a conservative pricing amid geopolitical headwinds.

Barchart

Should You Buy PAYP Stock After the PayPay IPO?

The SoftBank subsidiary is looking to raise over a billion dollars.

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Tom’s Hardware

OpenAI raises $110 billion in largest-ever private tech funding round, Nvidia throws in $30 billion — AI startup now valued at $730 billion

$50 billion from Amazon, $30 billion from Nvidia, and $30 billion from SoftBank, with additional investors expected to join as the round progresses.

The Guardian - US

OpenAI announces $110bn funding round that would value firm at $840bn

Deal signals feverish pace of AI investment with multibillion-dollar backings from Nvidia, Amazon and more

The Independent UK

ChatGPT maker OpenAI receives groundbreaking $110bn investment from tech giants

Founder Sam Altman revealed ChatGPT's considerable reach, boasting over 900 million weekly active users and more than 50 million consumer subscribers

Windows Central

Microsoft watched OpenAI collect 110 billion dollars and said 'we’re still cool, right?'

Microsoft skipped OpenAI's latest multi-billion dollar funding round, but a joint statement confirms their Azure and IP agreements remain unchanged.

Tom’s Hardware

Stargate AI data centers for OpenAI reportedly delayed by squabbles between partners — sources say OpenAI, Oracle, and SoftBank disagreed on who would have ultimate control of the planned data centers

OpenAI, Oracle, and SoftBank have reportedly spent several months negotiating over who would have ultimate control of the data centers planned for Stargate.

The Guardian - UK

Nvidia reportedly plans to invest $30bn in OpenAI’s next funding round

Chip manufacturer to invest in return for stock after previous ‘circular’ $100bn deal dissolved earlier this month

Barchart

3 New Stocks SoftBank Is Betting Big on in 2026

SoftBank revealed new positions in each of these three companies.

1 2 3 4 5

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