SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company’s revenue also missed analysts’ estimates.

SoftBank reported a net loss of nearly $2.4 billion for its fiscal third quarter, with another quarter in the red for its once-heralded Vision Fund uniit.

The deadline for Vision Fund public projects submittals is Friday, March 7. The Vision Fund Citizen Committee will consider city government projects with approximately $12 million in available funds.

SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company’s revenue also missed analysts’ estimates.

In September, Vision Fund 2 invested $500 million in OpenAI, followed by a $1.5 billion secondary investment in January. (Image/Reuters) Japanese investor SoftBank Group Corp’s tech-focused ...

SoftBank reported a $2.4 billion quarterly loss, driven by Vision Fund declines, while pursuing ambitious AI projects like ...

The Vision Fund unit logged a ¥309.9 billion loss, hurting the bottomline after shares of public holdings such as Coupang Inc. and Didi Global Inc. gave up some of their gains from the previous ...

SoftBank posts a $2.4B Q4 loss, hit by Vision Fund declines despite a major AI push. The firm nears a $40B OpenAI deal, aiming to offset investment struggles.

In particular, SoftBank was hit by unrealised valuation losses for South Korean e-commerce platform Coupang, Chinese ride-hailing firm Didi Global and AutoStore Holdings ...

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SoftBank's Q3 net sales rose 5.2% to $10.96 billion, while Arm's revenue jumped 22.9% to $0.98 billion SoftBank posted a $2.44 billion net loss, Vision Fund investments reported a $2.33 billion ...