Japanese multinational investment holding company and tech conglomerate spanning telecom, the Vision Fund, and major AI infrastructure bets.
A steep global tech selloff hit AI chip stocks hardest, with SoftBank falling over 9% and Asian semiconductor names tracking a Wall Street rout, as investors questioned whether AI infrastructure spending has outrun near-term demand.
Jul 17, 2026As Elon Musk pitches data centers in orbit to power the next wave of AI compute, skepticism is mounting -- and SoftBank's Masayoshi Son, himself one of AI's biggest spenders, is among the doubters. Critics question the physics, economics and cooling realities of running AI clusters in space, casting the idea as visionary marketing more than near-term infrastructure.
Jun 27, 2026Hyundai Motor Group is buying SoftBank's remaining ~9.65% stake in Boston Dynamics for $325 million, completing its takeover of the Waltham, Massachusetts robotics company and turning it into a wholly owned subsidiary. The move closes out the put option SoftBank retained when Hyundai bought 80% control in 2021, and hands the automaker undivided ownership of the world's most famous humanoid-robotics brand just as physical AI becomes a venture and corporate obsession.
Jun 19, 2026