Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of ...
The chip maker is a technology partner for the $500 billion project that aims to accelerate U.S. AI infrastructure.
Softbank swung to a loss for the fiscal third quarter as it shouldered losses in its private Vision Fund portfolios.
Japanese tech giant SoftBank Group has posted a profit for the April-to-December period for the first time in three years. It comes as the company looks to fund greater investment in the AI sector.
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