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Softbank - SOBKY STOCK NEWS

Welcome to our dedicated page for Softbank news (Ticker: SOBKY), a resource for investors and traders seeking the latest updates and insights on Softbank stock.

SoftBank Corp. (TOKYO: 9434), a leading telecommunications and IT company, is dedicated to revolutionizing the industry with cutting-edge technology and innovative solutions. Partnering with Humane Inc., SoftBank is set to introduce the innovative Ai Pin device and CosmOS, an AI-driven operating system, to Japanese consumers. This strategic collaboration aims to redefine the boundaries of AI technology and enhance customer experiences through a seamless ecosystem of services.

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Humane Inc announces a Telco partnership with SoftBank Corp. at Mobile World Congress for the Humane Ai Pin and CosmOS, aiming to bring AI technology to Japanese consumers. The collaboration combines SoftBank's telecom services with Humane's AI advancements to create a new device category and OS offering, marking a significant advancement in AI technology for the region.
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SoftBank has successfully completed initial testing of Altaeros' ST-Flex™ autonomous aerostat at Hokkaido Spaceport, Japan. This innovative aerostat was launched on May 2, 2022, and reached an altitude of 249m while carrying SoftBank's base station system. This testing demonstrated enhanced network coverage and stability for telecommunications.

Altaeros' Aerostat Autopilot™ allows for autonomous operations without on-site crew, ensuring cost-effectiveness and reliability. The successful launch marks a significant advancement in aerial telecommunications technology.

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Aryaka announced that SoftBank Corp. has chosen its SD-WAN and SASE technology for its international SD-WAN Service, SD-CORE (aryaka). This partnership aims to provide SoftBank with high-speed, stable data communications and a secure network tailored for customer needs. Key features include centralized management of networks, remote access capabilities, and a one-stop support service for maintenance. The technology utilizes Aryaka's FlexCore, enhancing SoftBank’s global data capabilities through nearly 40 strategic points of presence around the world.

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Pear Therapeutics (NASDAQ: PEAR) has partnered with SoftBank Corp. to create a Japanese-language digital therapeutic addressing sleep/wake disorders, targeting a significant unmet need in Japan, where 20% of adults experience chronic sleep deprivation. This collaboration aims to leverage Pear's software-based medicines, including Somryst®, the only FDA-authorized prescription digital therapeutic for chronic insomnia in the U.S. The agreement reinforces Pear's international expansion strategy and aligns with SoftBank's digital transformation goals.

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Treasure Data has raised $234 million in funding, marking the largest single funding round for a customer data platform (CDP). The investment, led by SoftBank Corp., aims to enhance CDP innovation and accelerate global growth. The rise in digital customer interactions due to the pandemic has increased demand for secure and scalable customer data solutions. Treasure Data's platform connects various data sources, allowing businesses to create a seamless customer experience while maintaining privacy compliance. Trusted by over 450 organizations, the company continues to drive significant digital transformation.

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SoftBank Corp. has acquired around 200 patents from Alphabet Inc.'s Loon LLC for High Altitude Platform Stations (HAPS) following Loon's shutdown. This acquisition bolsters SoftBank and its subsidiary, HAPSMobile Inc., to approximately 500 HAPS-related patents, enhancing their intellectual property leadership in this emerging sector. The patents encompass various technologies related to HAPS operations and services. SoftBank aims to utilize this expanded patent portfolio to expedite the launch of commercial HAPS services and promote industry standardization within the HAPS Alliance.

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SES has partnered with SoftBank Corp. to deliver live sports events to Japanese audiences. This collaboration aims to enhance premium sports content accessibility for corporate customers, including TV stations and video distributors. SES will utilize its global satellite and fiber network, leveraging over 300 downlink antennas, to ensure high-quality content delivery in Japan. The partnership signifies a strategic move to meet the growing demand for live sports viewing across various platforms.

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SoftBank Group Corp. has announced a strategic partnership with Deutsche Telekom AG to enhance access to approximately 240 million customers in the US and Europe for its portfolio companies. Under a share swap agreement, SoftBank will receive 225 million new DT shares in exchange for approximately 45 million shares of T-Mobile US (TMUS). This deal diversifies SoftBank's telecom exposure and makes it the second-largest private shareholder in DT, while retaining a 3.3% stake in TMUS, with potential growth to 6.9% based on stock performance.

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FAQ

What is the current stock price of Softbank (SOBKY)?

The current stock price of Softbank (SOBKY) is $14.24 as of February 28, 2025.

What is the market cap of Softbank (SOBKY)?

The market cap of Softbank (SOBKY) is approximately 65.9B.

What is SoftBank Corp. known for?

SoftBank Corp. is a prominent telecommunications and IT company operating in Japan and globally, known for its commitment to innovation and customer-centric solutions.

What is the strategic partnership between SoftBank Corp. and Humane Inc.?

SoftBank Corp. and Humane Inc. have joined forces to introduce the Ai Pin device and CosmOS, an AI-driven operating system, to Japanese consumers, aiming to revolutionize the AI technology market.

Who are the co-founders of Humane Inc.?

Humane Inc. was founded by Imran Chaudhri and Bethany Bongiorno in 2019, with a vision to create technologies and platforms for the intelligence age.

What is the vision of Humane Inc.?

Humane Inc. aims to deliver the next era of personal mobile computing driven by AI, partnering with industry leaders like Microsoft, OpenAI, Qualcomm Technologies, Inc., and T-Mobile.

How will the partnership between SoftBank Corp. and Humane Inc. benefit Japanese consumers?

The collaboration between SoftBank Corp. and Humane Inc. will bring advanced AI technology and seamless user experiences to Japanese consumers, enriching their daily lives.

What are the key focus areas of SoftBank Corp. beyond telecommunications?

SoftBank Corp. is expanding into non-telecom fields as part of its 'Beyond Carrier' growth strategy, leveraging AI, 5G/6G, IoT, Digital Twin, and other advanced technologies to create next-generation social infrastructure.

How does SoftBank Corp. aim to provide happiness for everyone?

Guided by the corporate philosophy 'Information Revolution – Happiness for everyone,' SoftBank Corp. strives to enhance customer experiences and contribute to the development of a digital society through innovative technologies and solutions.

What are some of the notable achievements of SoftBank Corp.?

SoftBank Corp. has established a strong business foundation and a compelling number of customer touchpoints, positioning itself as a leading player in the telecommunications and IT industry, both in Japan and internationally.

What sets the Ai Pin device and CosmOS apart from other AI technologies?

The Ai Pin device and CosmOS developed by Humane Inc. in collaboration with SoftBank Corp. offer a unique and intuitive AI experience, setting a new standard for AI technology and user interface design.

How can consumers learn more about SoftBank Corp. and its offerings?

To explore the latest updates and information about SoftBank Corp.'s innovative solutions and partnerships, visit the company's official website at https://www.softbank.jp/en/.
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