Min Jeong Lee

Wednesday 09 Apr 2025

01 Apr 2025, 08:00 am

SoftBank seeks record US$16.5b loan for AI growth in US — Bloomberg(April 1): SoftBank Group Corp is seeking a loan of as much as US$16.5 billion (RM73.2 billion) to help fund artificial intelligence (AI) investments in the US, people familiar with the matter said, in what would be its largest-ever borrowing denominated solely in dollars.

By Kari Lindberg & Min Jeong Lee / Bloomberg

01 Apr 2025, 08:00 am

Tech

28 Mar 2025, 08:00 am

SoftBank may pledge US$1 tril for AI effort in US — reportSoftBank Group Corp plans to create industrial parks for artificial intelligence across the US and is considering an investment of more than US$1 trillion (RM4.4 trillion), Nikkei reported.

By Brandon Sapienza & Min Jeong Lee / Bloomberg

28 Mar 2025, 08:00 am

05 Mar 2025, 08:00 am

SoftBank-backed Cybereason CEO resigns after boardroom turmoilSoftBank Group Corp-backed Cybereason Inc’s CEO has stepped down after a boardroom battle erupted at the cash-strapped startup.

By Min Jeong Lee / Bloomberg

05 Mar 2025, 08:00 am

Global Economy

16 Feb 2025, 08:00 am

Japan seeks exemption from Trump’s reciprocal trade tariffsJapan has asked to be exempted from the so-called reciprocal tariffs that Donald Trump plans to adopt this year as the Asian nation works to minimise any potential fallout.

By Min Jeong Lee & Sakura Murakami / Bloomberg

16 Feb 2025, 08:00 am

Tech

11 Feb 2025, 08:00 am

SoftBank weighs debt-heavy financing in US$500b AI pushA few weeks ago, SoftBank Group Corp founder Masayoshi Son stood alongside US President Donald Trump to unveil the Stargate Project, an artificial intelligence venture with OpenAI that could cost US$500 billion (RM2.23 trillion) or more. Now Son is figuring out how to pay for it.

By Min Jeong Lee & Shirin Ghaffary / Bloomberg

11 Feb 2025, 08:00 am

Tech

03 Feb 2025, 08:00 am

SoftBank’s Son, OpenAI’s Altman to unveil Japan AI plans(Feb 3): SoftBank Group Corp’s founder Masayoshi Son is taking the stage in Tokyo on Monday with Open AI chief Sam Altman, part of a global push to spur investment in artificial intelligence (AI)-supporting infrastructure.

By Min Jeong Lee / Bloomberg

03 Feb 2025, 08:00 am

Tech

22 Jan 2025, 08:00 am

SoftBank shares soar as founder's AI vision coalescesShares of SoftBank Group Corp jumped 12% on Wednesday, after the company announced it is teaming up with OpenAI, Oracle Corp and Abu Dhabi-backed MGX on a US$500 billion (RM2.22 trillion) project to build data centres and infrastructure in the US for the ChatGPT creator.

By Min Jeong Lee / Bloomberg

22 Jan 2025, 08:00 am

Tech

20 Jan 2025, 08:00 am

Rakuten's billionaire founder defends costly mobile foray with big AI betRakuten Group Inc’s chief dismissed sceptics who call the Japanese e-commerce pioneer’s mobile foray a mistake and said the telecom arm is central for future growth through artificial intelligence.

By Shery Ahn & Min Jeong Lee / Bloomberg

20 Jan 2025, 08:00 am

AMMB CFO to step down, said to be joining Maybank

Cuckoo International delays Bursa listing to June amid market rout

1MDB withdraws suit against Singaporean Shabnam in US$346m Rosmah luxury goods case

PNB looking to quit legacy investments to strengthen portfolio

LSH Capital chairman refutes KL Tower staff replacement rumours

Trump pauses higher duties on most nations, hikes China tariffs to 125%

Asean emerges as a central player in global economy after overcoming series of adversities — Anwar

Spain pushing for EU pivot to China to counter Trump tariffs

Spain defends closer trade ties with China after US warns against 'cutting own throat'

US weighs farmer bailout as China retaliation threatens exports

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