SoftBank Group
Japanese investment holding company
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March 2025 | SoftBank entered an agreement to acquire Ampere Computing for $6.5 billion, a company specializing in energy-efficient processors for cloud computing and AI, with the transaction expected to close in the latter half of 2025. |
February 2025 | SoftBank announced a joint venture with OpenAI called SB OpenAI Japan to develop 'Advanced Enterprise AI' called 'Cristal intelligence', committing $3 billion annually to deploy OpenAI solutions across SoftBank companies. |
January 21 2025 | SoftBank, in collaboration with OpenAI and Oracle, announced the Stargate project - a $500 billion artificial intelligence infrastructure system to be developed in conjunction with the US government, with funding to be distributed over the next four years. The project aims to establish American-made AI infrastructure. |
December 2024 | SoftBank announced plans to invest $100 billion in the US over the next 4 years, focusing on artificial intelligence and related infrastructure, with the potential to create 100,000 jobs. |
November 2024 | Rajeev Misra formally steps down from managing the Vision Fund, to be succeeded by Alex Clavel. |
June 27 2024 | SoftBank invested in AI search startup Perplexity AI, valuing the company at $3 billion to support its innovative AI technology. |
May 2024 | SoftBank launched a joint venture with healthcare technology company Tempus AI to provide precision medical services in Japan using AI. |
2023 | The dismal performance of SoftBank's Vision Fund 1 and 2 cast a shadow over Masayoshi Son's initial investment strategy, revealing largely unprofitable intercorporate investments that had become the main focus of the SoftBank Group. |
December 2023 | SoftBank Corp, a subsidiary, paid $513 million for a controlling stake in Irish technology company Cubic Telecom. |
September 14 2023 | Arm went public, raising $4.87 billion at a $54.5 billion valuation, with SoftBank retaining 90.6% ownership. |
August 21 2023 | Arm filed for an IPO on the Nasdaq. SoftBank bought back the 25% stake from Vision Fund for around $16 billion, valuing Arm at over $64 billion. |
May 2023 | SoftBank Group reported record losses of $32 billion from the SoftBank Vision Fund, a 70 percent increase from the previous year. The company also sold its stake in Fortress Investment Group to Mubadala and Fortress' management. |
April 2023 | SoftBank Group Corp. announced the sale of its Korea-based early-stage venture capital arm SoftBank Ventures Asia Corp. to a Singapore-based company run by Masayoshi Son's youngest brother. |
February 2023 | Toyota Tsusho bought the controlling interest in SB Energy, making it a subsidiary alongside Toyota Tsusho's Eurus Energy. |
December 2022 | Masayoshi Son increased his stake in SoftBank Group from 32.2% to 34.2%, demonstrating continued strong personal investment in the company he founded. |
August 2022 | Vision Fund announces a $23.1 billion loss for the April-June quarter and plans to cut headcount. |
August 2022 | SoftBank sold its entire Uber holdings between April and July, and exited Opendoor during the same quarter. The company's venture firm was struggling, with large venture vehicles performing poorly and many key associates departing. |
July 2022 | CEO Rajeev Misra announces stepping back from main roles, including management of SoftBank Vision Fund 2. |
March 31 2022 | SoftBank Vision Fund posts a record 3.5 trillion yen loss ($27.4 billion) for its financial year, facing significant criticism for poor investment performance. |
August 2021 | Masayoshi Son said he would begin to make personal investments alongside SoftBank Group's Vision Fund 2. |
July 2021 | SoftBank announced it would acquire the Yahoo Japan brand from Verizon Communications for $1.6 billion. |
May 2021 | SoftBank stated it would sell SB Energy India to Adani Green Energy for $3.5 billion. |
April 2021 | SoftBank announced plans to acquire a 40% stake in AutoStore for $2.8 billion. |
March 2021 | Created a $160 million 'future innovation fund' focusing on AI start-ups, making investments in AI companies like VoyagerX, Upstage AI, and MarqVision. |
March 2021 | SoftBank made a record $36.99 billion profit from its Vision Fund unit and investment gains, with a net profit of $45.88 billion - the largest recorded annual profit by a Japanese company in history. |
January 2021 | SoftBank sold $2 billion in Uber Technologies shares through an affiliate firm. |
2020 | SoftBank Group's institutional ownership was detailed, showing Masayoshi Son owning 21.25% of the company, with various investment trusts and financial institutions holding significant stakes. |
December 2020 | Hyundai Motor Group acquired an 80% stake of Boston Dynamics from SoftBank for approximately $880 million. |
September 13 2020 | Nvidia announced plans to acquire ARM from SoftBank for US $40 billion (deal later collapsed due to regulatory hurdles). |
May 2020 | SoftBank announces the Vision Fund lost $18 billion, resulting in layoffs of 15% of the fund's staff and failure to secure external investments for Vision Fund 2. |
May 2020 | Alibaba's co-founder and former CEO Jack Ma resigned from the board. |
April 1 2020 | Sprint completed its merger with T-Mobile US, with SoftBank holding 24% of the new T-Mobile's shares. |
March 2020 | SoftBank announced a ¥4.5tn ($41bn) emergency asset sale to fund a share buyback and debt reduction due to the pandemic. |
February 2020 | Elliott Management bought a $2.5 billion stake in SoftBank and pushed for restructuring and transparency. |
2019 | SoftBank launched SoftBank Vision Fund 2, extending its technology investment strategy with a second major investment vehicle. |
2019 | SBVA launched the 'SoftBank Acceleration Fund' with $300 million, following the previous year's China Venture Fund. |
2019 | SoftBank continues as the official jersey sponsor of the Japanese national basketball team at the FIBA World Cup. |
December 2019 | SoftBank sold its interest in dog-walking startup Wag at a loss. Tadashi Yanai left the board after 18 years. |
September 2019 | WeWork's IPO was canceled. |
September 25 2019 | SoftBank Robotics launched Whiz robotic vacuum cleaner in Singapore. |
February 2019 | The Vision Fund sells its entire Nvidia stock position after a prolonged stock price decline, recording a $3.3 billion return but missing out on future AI boom potential. |
2018 | SBVA launched a $300 million 'China Venture Fund I', targeting Chinese start-ups. |
December 2018 | SoftBank invested in ParkJockey, a startup monetizing parking lots, bringing its valuation to $1 billion. |
December 2018 | SoftBank announced plans to invest up to $1.5 billion in ride-hailing startup Grab. |
December 19 2018 | SoftBank Corp. is listed on the First Section of the Tokyo Stock Exchange. |
November 2018 | SoftBank announced an IPO for SoftBank Corp., the telecommunications operator, with share price at $13.22, targeting a total value of $21.15 billion. |
September 27 2018 | SoftBank announced a $400 million investment in home-selling startup Opendoor. |
March 1 2018 | SoftBank's Vision Fund led a $535 million investment in DoorDash. |
January 14 2018 | SoftBank's Vision Fund announced a $560 million investment in German used-car sales portal Auto1. |
2017 | SoftBank becomes the official jersey sponsor of the Japanese national basketball team at the Asian Basketball Championship in Lebanon. |
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