The anticipated ¥1 trillion ($6.3 billion) fee for SoftBank Group Corp. from a U.S.-Japan project has been slashed by over 90% due to intervention from Tokyo officials amid growing concerns over the $550 billion joint investment plan between the U.

Simply sign up to the US trade myFT Digest -- delivered directly to your inbox. SoftBank was set to earn ¥1tn ($6.3bn) in fees from a flagship US-Japan project before panicking officials in Tokyo intervened,

Son has done this before — and left $150 billion on the table. He did it again anyway. Here is the stack logic that makes this more than just a contrarian bet.

The Japanese firm led Masayoshi Son is going all in on AI. Its bets on the technology could have a lasting impact on its billionaire founder's legacy.

March 6 (Reuters) - Japanese conglomerate SoftBank is seeking a loan of up to $40 billion, primarily to finance its investment in ChatGPT-maker OpenAI, Bloomberg News reported on Friday, citing people familiar with the matter.

But while the applications of AI keep evolving and the global appetite for more powerful chips keeps growing, the supply chain of the semiconductor industry, from chip testing to memory chip production,

Kalanick, who raised billions for Uber himself amid SoftBank’s aggressive 2017 investment spree, contrasted this with his own stealth approach at Atoms (formerly CloudKitchens), where internal drive replaced public hype.