Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

YOU WONT BELIEVE: Softbank - You Need To See This

Lenskart Solutions sees Rs 1,862-crore block deal; ADIA likely seller

Eyewear retailer Lenskart Solutions experienced a significant block deal valued at Rs 1,862 crore. Abu Dhabi Investment Authority, through its investment vehicle, sold a portion of its shares. This follows a similar stake sale by SoftBank. Despite early investors reducing holdings, Lenskart's revenue surged in the January-March quarter. The company…

The Economic Times

ADIA to sell 2.3% Lenskart stake in Rs 1,944 crore block deal

Abu Dhabi Investment Authority is set to divest a 2.3% stake in Lenskart for approximately Rs 1,944 crore via a block deal. This follows SoftBank's recent Rs 2,873 crore share sale. Despite the sale, ADIA will retain significant holdings, indicating substantial paper gains on its 2023 investment. The move comes…

The Economic Times

ADIA to sell Rs 1,944 crore Lenskart stake days after SoftBank exit

Abu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 crore. This follows a significant stake sale by SoftBank, with the deal structured as a block deal at a slight discount to the current market price.

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Oracle Earnings Could Reveal a Massive $100 Billion Spending Surge. Here Is Why You Should Still Buy ORCL Stock.

BNP Paribas expects Oracle to increase its capital spending in the June 10 earnings report.

Barchart

The Gulf states are betting big on AI: who’s investing where?

Gulf states are now frontrunners in the AI race but competition will only intensify.

Fortune

Lenskart shares in focus after Viridian completes stake transfer from Copthall Mauritius

Hong Kong-based Viridian Asia Opportunities Master Fund acquired an 18.96 lakh share stake in Lenskart Solutions for Rs 96 crore. This follows a recent Rs 2,873 crore block deal where SoftBank affiliate SVF II Lightbulb (Cayman) reduced its holding.

The Economic Times

Gautam Adani becomes Asia's richest person again; overtakes Mukesh Ambani, Softbank's Masayoshi Son

Gautam Adani has regained the title of Asia’s richest person after a rally in Adani Group stocks lifted his net worth to $89.2 billion. The surge helped him overtake Mukesh Ambani and SoftBank’s Masayoshi Son, with key Adani stocks gaining strongly and extending their sharp 2026 rally.

The Economic Times

Read news from The Economist, FT, and more,
with one subscription

SoftBank CEO Says OpenAI's Newest Model Is a Sign That AI Is Reaching 'Super Intelligence'

SoftBank CEO Masayoshi Son said OpenAI's newest model is showing signs of "super intelligence."

International Business Times

How Larry Ellison, Masayoshi Son, Michael Saylor AI crypto billionaires reshaping legacy wealth in 2026 markets shift?

Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 trillion in combined market influence is being restructured through technology bets. These high-volume SEO trends highlight AI investment boom, crypto treasury models, and tech mogul comeback stories redefining global markets today. Investors…

The Economic Times

Kuku FM readies public market debut; SoftBank books Lenskart gains

Kuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.

The Economic Times

SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x return

SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wednesday. The shares were sold at Rs 508.55 apiece, with Goldman Sachs, Fidelity, Quant Mutual Fund, WhiteOak Capital, and other institutional investors among the buyers. SoftBank’s…

The Economic Times

Lenskart shares fall 2% on Softbank's Rs 2,873-crore stake sale; draws Goldman, Fidelity, others

Lenskart Solutions share price dipped 2% on Thursday as SoftBank affiliate SVF II Lightbulb (Cayman) sold a significant stake. Global and domestic institutional investors, including funds managed by Goldman Sachs and Fidelity, acquired these shares. This transaction, valued at approximately Rs 2,873 crore, saw strong participation.

The Economic Times

Stocks in news: Rajesh Exports, Lenskart, Suzlon Energy, Aurobindo Pharma, Tata Motors

Indian markets saw volatility and closed lower on Wednesday. Key companies are in focus due to significant developments. SoftBank reduced its stake in Lenskart. Sebi issued an interim order against Rajesh Exports. Tata Motors revised its Avinya EV strategy. Suzlon Energy is diversifying into battery storage. RIL's subsidiary signed MoUs…

The Economic Times

SoftBank sells Rs 2,873 crore worth of Lenskart shares in block deal to Goldman Sachs and other investors

Lenskart Solutions saw a major stake sale as SoftBank offloaded shares worth about Rs 2,873 crore through a block deal. The transaction drew strong institutional interest, while analysts remain positive on Lenskart's growth prospects, technology-led model and expanding international footprint.

The Economic Times

Get all your
news in one place.

100's of premium titles.
One news app.

Fortune

Intel's new CEO cut management layers in half. The stock is up nearly 500%

When Lip-Bu Tan took over, Intel was drowning in debt and losing the AI game. In just 13 months, the new CEO has attracted capital infusions from Nvidia and SoftBank, and is closing in on a next-generation chip process.

The Economic Times

SoftBank overtakes Toyota as Japan's most valuable company on AI boom

SoftBank Group has become Japan's most valuable company, surpassing Toyota Motor. This shift highlights investor excitement for artificial intelligence. SoftBank's shares surged, while Toyota's stock declined. The move signals a preference for AI-linked businesses. Japan's memory chip maker Kioxia Holdings also benefits from AI demand.

Radio France Internationale

'Choose France' summit puts AI at heart of Macron’s €93 billion investment drive

Foreign companies have pledged a total of €93 billion in investment at France's annual Choose France summit, President Emmanuel Macron announced on Monday, with artificial intelligence and data infrastructure projects accounting for the bulk of commitments.

International Business Times

SoftBank's Masayoshi Son Says AI Revolution Is '50 Times Bigger' Than Dot-Com Era

SoftBank CEO Masayoshi Son said the current artificial intelligence boom is significantly larger than the internet-driven expansion of the late 1990s and early 2000s.

Get all your
news in one place.

100's of premium titles.
One news app.

TechRadar

SoftBank offers €75 billion to help build Europe’s biggest data centre project

SoftBank's investment will start with 3.1GW of data center capacity by 2031, before expanding to a target of 5GW.

Euronews

'Creating thousands of high-skilled jobs': SoftBank to invest €75bn in French AI data centres

The project is SoftBank Group's largest AI infrastructure investment in Europe. Once completed, its planned 5 GW capacity would make it Europe's largest data centre project as the region seeks to expand AI infrastructure and compete with the US and Asia.

The Economic Times

Global Markets: Japan's Nikkei tops 67,000 on AI boost; SoftBank becomes most valuable Japanese firm

Japan's Nikkei index reached a historic 67,000 mark. AI stocks powered this surge, with SoftBank Group becoming the nation's most valuable company. SoftBank's significant jump contributed heavily to the Nikkei's rise. This rally highlights strong earnings in the AI sector. Meanwhile, broader market sentiment faced headwinds from Middle East uncertainties.

The Economic Times

SoftBank overtakes Toyota as Japan's most valuable company

Fueled by its significant stake in AI powerhouse OpenAI, SoftBank Group has surged past Toyota to become Japan's most valuable company. The tech investor's market capitalization soared following founder Masayoshi Son's announcement of a massive 75-billion-euro investment in French AI infrastructure, underscoring the booming demand for artificial intelligence technology.

The Economic Times

Japan's Nikkei tops 67,000 for first time on AI boost; SoftBank becomes Japan's most valuable firm

Japan's Nikkei share average surged past 67,000 for the first time, driven by AI-related stocks. SoftBank Group became the country's most valuable company, overtaking Toyota, after pledging significant AI infrastructure investment in France. Despite broader market weakness, tech shares propelled the index to new heights.

The Economic Times

SoftBank to invest €75 billion in 5 GW French AI centres

SoftBank Group is set to invest up to $87 billion in France to build 5 gigawatts of AI data center capacity, aiming to establish the country as a premier European AI infrastructure hub. The initial phase involves a $45 billion investment for 3.1 gigawatts by 2031, driven by personal diplomacy…

The Guardian - UK

Arm boss in line for billion-dollar payday if chipmaker hits targets

Proposal requires Rene Haas to steer US-listed British company to ‘exceptional growth metrics’

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Bitcoin

8,299 stories

Artificial Intelligence

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.