Sam Nussey
Stories by Sam Nussey
Japan-backed fund JIC to buy chip materials maker JSR for $6.4b
JSR shares rose by 22%, their daily limit, ahead of the official announcement.
SoftBank to shift stance to ‘offence mode’ amid AI frenzy
SoftBank reported a net loss of $6.85b for the year ended March 31.
SoftBank’s Son says he is a heavy user of ChatGPT
Son has long argued that AI is the driving force behind his investing activity.
SoftBank prepares new round of layoffs at Vision Fund
The layoffs may impact up to 30% of its staff at the unit.
OpenAI CEO says ‘optimistic’ on global AI coordination
He has been on a whirlwind tour looking to capitalise on interest in generative AI.
Japan’s SoftBank shares swept up in AI chip frenzy ahead of Arm IPO
SoftBank has seen its shares gain 17% since last week's close.
Sony eyes finance unit listing, doubles down on entertainment
Sony is considering a time frame of two to three years to spin off Sony Financial Group.
SoftBank investors focus on upcoming Arm IPO at Q4 earnings
The Q4 earnings come after the Vision Fund unit posted four consecutive quarters of investment loss.
SoftBank faces tech stock weakness at Q2 earnings
The Vision Fund investing arm booked $50b in losses in the six months to the end of June as valuations slid.
SoftBank sets up executive committee to oversee Vision Fund 2
Greg Moon will manage the teams in Europe and Asia
