HAMBURG, Germany and ATHENS, Greece, Jan. 21, 2025 /PRNewswire/ -- reydix, the pioneering entertainment-tech and lifestyle start-up, is thrilled to announce the appointment of Aspa Lekka as Chief Operating Officer (COO). With her global expertise and an exceptional track record in scaling businesses, Lekka will be instrumental in driving reydix's growth and innovation. Tech Entrepreneur Aspa Lekka Appointed COO of Fan-Tech Company reydix, Co-Founded by Star-DJ Solomun Lekka's background bridges academi ...

Financial Data and Key Indicators Changes - Net income exceeded 1 trillion yen, an increase of 2.4 trillion yen compared to the first half of 2023 [5][4] - Investment gains totaled 2.6 trillion yen, compared to 3.6 trillion yen in the same period last year [5] - Net asset value remained high at 29 trillion yen at the end of September [4][9] - Cash position was reported at 3.8 trillion yen, with expectations to exceed 4 trillion due to better market conditions [14][9] Business Line Data and Key Indicators Changes - Vision Fund recorded 610 billion yen in investment gains, contributing significantly to overall performance [4][5] - T-Mobile's share price increased significantly, contributing 387 billion yen to investment gains [5][10] - Alibaba share transactions resulted in a market valuation gain of approximately 1 trillion yen [6][8] Market Data and Key Indicators Changes - T-Mobile's stock price rose to a historic high of 238 dollars, outperforming major competitors [10] - The loan-to-value ratio was reported at 12.5%, with recent figures indicating it may be below 11% [9][14] - Foreign exchange movements negatively impacted net asset value by 1.29 trillion yen [13] Company Strategy and Development Direction - The company aims to focus on AI investments and maintain a robust financial position to capitalize on future opportunities [4][33] - The strategy includes a commitment to maintaining a low loan-to-value ratio and ensuring sufficient cash reserves for future investments [14][32] - The company is exploring new growth opportunities, particularly in AI and robotics, while maintaining a conservative investment approach [37][33] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's financial stability and readiness to seize new investment opportunities [51] - The potential impact of the upcoming U.S. presidential election and related policies on portfolio companies was acknowledged, with a cautious approach to new investments in China [53] - The management emphasized the importance of maintaining strong relationships with stakeholders and adapting to market changes [32][33] Other Important Information - Rajeev Misra stepped down as co-CEO, with Alex Clavel becoming the sole CEO of SBIA and SBGA [26] - ARM's quarterly revenue reached $844 million, exceeding guidance and reflecting strong performance [27][29] Q&A Session Summary Question: What role will Rajeev play going forward? - Rajeev's key role is over, but he will continue to manage his own fund and maintain communication with the company [44] Question: Why invest in OpenAI now through Vision Fund 2? - The investment was made due to strong interest and close communication with OpenAI's management, focusing on AI-leading companies [45][46] Question: How does the investment in OpenAI create synergy? - The investment strengthens the relationship with OpenAI, providing insights into AI trends and potential future business collaborations [49] Question: What is the company's position on future investments? - The company is financially stable and ready to tap into new opportunities, focusing on the significance of deals rather than their size [51] Question: What impact might the U.S. presidential election have on the company? - The company does not have direct operations in China, but potential policy changes could indirectly affect portfolio companies [53]

Core Insights - Eutelsat Group has partnered with SoftBank Group to enhance satellite communication services in Japan, integrating Eutelsat's OneWeb Low-Earth Orbit (LEO) connectivity into SoftBank's offerings [1] - The collaboration aims to improve broadband capabilities and provide secure communication services through SoftBank's SmartVPN network [2] - Regulatory support from Japan's Ministry of Internal Affairs and Communications has facilitated the partnership, granting necessary licenses for operation [3] Eutelsat's Strategic Partnerships - Eutelsat has been actively forming partnerships to drive digital transformation, including a renewed multi-year deal with Honduras-based Cable Color for video broadcast capacity [4] - In April 2024, Eutelsat signed a multi-year agreement with La Gran Carpa Catedral to expand TV channel delivery across the Middle East, North Africa, and Europe [5] - Additional multi-year partnerships have been established with companies like Sat One, NEC XON, and Intelsat [5] Market Position and Stock Performance - The partnership with SoftBank positions Eutelsat to meet the evolving digital needs of businesses, potentially driving top-line growth and improving stock performance [6] - Eutelsat currently holds a Zacks Rank 3 (Hold), with shares having lost 14.7% over the past year, compared to a 31.9% decline in the industry [7]

Core Viewpoint - SoftBank Group Corp. presents a strong investment opportunity due to its significant discount on NAV per share, potential returns from private tech investments, and an active share buyback program, allowing investors to buy shares at a 55% discount, particularly considering valuable assets like ARM and telecom holdings [21][39]. Group 1: Investment Opportunity - SoftBank has lost 15% of its value in the last month, reaching a peak of 30% on August 5th, creating a potential investment opportunity due to a high discount over its NAV per share [21]. - The current NAV per share is estimated at ¥24,068 ($165.6), while the current share price is ¥8,529 ($58.7), indicating a considerable discount [24][25]. - The company has initiated a share buyback program, which can further boost the share price [21][30]. Group 2: Asset Valuation - SoftBank's total NAV is estimated at ¥35.28 trillion ($242.8 billion), with key assets including Arm Holdings valued at $144.6 billion and SoftBank Vision Funds valued at $56.6 billion combined [24]. - The estimated discount on NAV per share is around 55%, with a conservative target price of ¥12,066, representing a 41% premium over the current price [26][32][33]. - The conglomerate discount for SoftBank is estimated to be less than 20%, given its focus on technology and AI [32]. Group 3: Private Investment Access - Through its Vision Funds, SoftBank provides access to private technology companies that may not be available to individual investors, with high growth expectations from companies like Alibaba and Grab Holdings [28][29]. - Investing in SoftBank allows exposure to a diversified portfolio of high-potential tech companies, effectively acquiring these investments at a discount [29]. Group 4: Share Buyback Program - SoftBank's share buyback history includes a $5.5 billion buyback in 2019, an $18 billion buyback in 2020, a $9 billion buyback in 2021, and a $3.5 billion buyback in 2024, reflecting a strategic response to market conditions [30][31]. - The buyback programs have historically led to temporary boosts in stock prices, indicating a commitment to enhancing shareholder value [30]. Group 5: Risks and Challenges - SoftBank faces risks related to capital allocation decisions, particularly in its venture capital investments, which have shown mixed results [34]. - The company is not invested in leading AI platforms, which could limit its growth potential in the AI sector [35]. - Currency risk is also a factor, as fluctuations in the yen can impact investment returns [36].

Tempus AI Inc. TEM, a cutting-edge healthcare diagnostics company, has been on a tear. The stock established a new high of $47.81 on Thursday. The stock is up 17.27% since its IPO in June. The company, which went public at $37 per share, and has been riding a wave of momentum ever since. Over the past five days, Tempus is up about 25% — a spike largely attributed to a strategic investment from SoftBank Group Corp SFTBF SFTBY. According to SoftBank's second-quarter 13F filing, the investment giant added Temp ...

Core Viewpoint - Foresight Autonomous Holdings Ltd. has entered a multi-phase agreement with SoftBank and a Japanese vehicle manufacturer to assess Eye-Net's technology for potential integration into advanced driver assistance systems (ADAS) aimed at improving road safety in Japan [1][6]. Company Overview - Foresight Autonomous Holdings Ltd. specializes in developing smart multi-spectral vision software solutions and cellular-based applications through its subsidiaries, including Eye-Net Mobile Ltd. [7]. - Eye-Net's technology focuses on providing real-time pre-collision alerts to enhance road safety and situational awareness using advanced AI technology and analytics [3][6]. Project Details - The project will commence in the third quarter of 2024, starting with an evaluation of the Eye-Net™ Sense demonstration kit in standalone mode [9]. - Successful evaluation may lead to the integration of Eye-Net Sense into the vehicle manufacturer's infotainment systems, with further phases potentially resulting in full commercial deployment in the manufacturer's vehicles [9]. Strategic Importance - The collaboration aims to leverage SoftBank's extensive network and the vehicle manufacturer's presence to protect millions of road users from non-line-of-sight collisions [6].

Group 1: Nvidia's Market Position and Performance - Nvidia has a first-mover advantage in AI-accelerated data centers, with demand for its hardware exceeding supply, allowing for a significant price increase of its GPUs and an adjusted gross margin of 78.4% in the fiscal first quarter [1] - Nvidia's H100 GPU has become the preferred choice for businesses implementing generative AI solutions, with the company accounting for an estimated 98% of the 3.85 million AI GPUs shipped in the previous year [11] - The company's market value has surged by nearly $3 trillion in just over 18 months, indicating a substantial increase in investor interest and confidence [19] Group 2: SoftBank's Investment Journey - SoftBank initially invested in Nvidia in May 2017, acquiring a 4.9% stake through its Vision Fund, which had approximately $90 billion in available capital [8][9] - Despite realizing a profit of around $3 billion from its Nvidia stake, SoftBank missed out on an additional $160 billion in capital gains due to selling its position during the crypto bear market [4][10] - Following the IPO of Arm Holdings, SoftBank's stake in the company has appreciated significantly, increasing in value to almost $176 billion, reflecting a $112 billion gain in just 10 months [24] Group 3: AI Technology and Market Dynamics - Analysts at PwC project that AI could contribute $15.7 trillion to the global economy by 2030, highlighting the transformative potential of AI technology [6] - There is a growing competition for Nvidia, as its top customers are developing their own AI GPUs, which could impact Nvidia's pricing power and adjusted gross margin [14] - Many businesses are still uncertain about how to effectively deploy AI solutions, indicating a potential delay in widespread adoption and implementation [13]

Group 1 - The core ambition of SoftBank is to develop artificial intelligence that is thousands of times smarter than humans, marking a significant shift in its strategic focus following financial restructuring efforts [1] - SoftBank plans to issue approximately $900 million in U.S. dollar-denominated bonds and €900 million (approximately $962.8 million) in euro-denominated bonds, with interest rates between 5.4% and 7% per annum [2][3] - The proceeds from the bond issuance will be utilized for debt repayment and general corporate purposes, indicating a focus on financial stability [2][3] Group 2 - Following the announcement of the bond issuance, SoftBank's shares experienced a 2.5% increase, reflecting positive market sentiment [4]

Speaking during SoftBank's annual general meeting of shareholders, Son dubbed this degree of AI "artificial super intelligence (ASI)," CNBC reported Friday. It was reported in May that SoftBank is planning to invest nearly $9 billion in AI, a figure that has more than doubled in the 12 months since Son said the company was ready to go on the "counteroffensive" after keeping its balance sheet at a very safe level. Various ASI models interacting with each other will enable them to achieve that milestone of be ...

Topline SoftBank founder and CEO Masayoshi Son on Friday told shareholders he and the company are on a mission to usher in an age of artificial superintelligence, dismissing the firm's past investments as a mere "warm up" and hinting the firm is ready to go on the offensive with ambitious bets and capitalize on the AI boom. SoftBank Group CEO Masayoshi Son wants to bring about superintelligent AI that is 10,000 times ... [+] smarter than humans. Getty Images Key Facts Son outlined his ambitious goal to brin ...