AI Fund Flows

SoftBank: AI deals, investors and valuation

🇯🇵 Japan · Market cap $121.6B · 9984.T · listed
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As of Nov 9, 2026, SoftBank has 14 AI deals of $1B+ in this database: it pays $101.3B and receives $65.8B (net −$35.4B). It ranks #14 of 198 companies by number of deals.

Pays / invests
$101.3B
Receives
$65.8B
Net
−$35.4B
Deals
14

Value over time

Listed companies: month-end market cap. Private: latest round valuation. Dots are deals.
Valuation history
  • January 2025$76.5B
  • April 2025$75.3B
  • July 2025$157.3B
  • October 2025$151.5B
  • January 2026$150.6B
  • April 2026$268B
  • July 2026$185.1B
  • October 2026$127.8B
  • November 2026$121.6B

Receives from

$65.8B
Banche e mercato$65.8B · 100%

Pays to

$101.3B
OpenAI$63B · 62%
Stargate$19B · 19%
Ampere$6.5B · 6%
DigitalBridge$4B · 4%
Intel$2B · 2%
Skild AI$1.4B · 1%

Loops it is part of

No closed loop found for this company.

All SoftBank deals

Sep 30, 2026Acquisitionclosed$4B
🇯🇵 SoftBank → DigitalBridge · ~$4 billion enterprise value ($3.1 billion for the shares)

SoftBank completes its acquisition of DigitalBridge, the digital infrastructure and data center manager, announced in December 2025.

Sep 18, 2026Investmentreported$5B
Banche e mercato → 🇯🇵 SoftBank · +$5bn; Arm-backed facility now $25bn

SoftBank increased its margin loan backed by Arm shares by $5bn to $25bn, people familiar said.

Apr 23, 2026Investmentreported$10B
Banche e mercato → 🇯🇵 SoftBank · $10bn margin loan backed by OpenAI shares (final size disputed)

SoftBank sought a $10bn margin loan backed by its OpenAI stake; later reports say it closed in August with Goldman, JPMorgan, Mizuho, Apollo and SMBC.

Mar 27, 2026Investmentclosed$40B
Banche e mercato → 🇯🇵 SoftBank · Unsecured $40bn bridge loan maturing March 2027

JPMorgan, Goldman Sachs, Mizuho, SMBC and MUFG lent SoftBank $40bn, mainly to fund its $30bn follow-on OpenAI investment via Vision Fund 2 — its largest dollar loan ever.

Feb 27, 2026Funds & debtclosed$30B
🇯🇵 SoftBank → OpenAI · in the $110 billion round

SoftBank co-leads the $110 billion round at $730 billion pre-money with an additional $30 billion.

Jan 14, 2026Funds & debtclosed$1.4B
🇯🇵 SoftBank → Skild AI · Series C @ >$14B valuation

Skild AI (foundation models for robots) raises about $1.4 billion at over $14 billion, more than triple May 2025. SoftBank leads with Nvidia; Macquarie, 1789 Capital and Bezos Expeditions participate.

Nov 11, 2025Investmentclosed$5.8B
Banche e mercato → 🇯🇵 SoftBank · 32.1m Nvidia shares sold in October

SoftBank sold its entire Nvidia stake for $5.83bn; with T-Mobile share sales and the Arm margin loan it funds its $22.5bn OpenAI commitment.

Oct 10, 2025Investmentreported$5B
Banche e mercato → 🇯🇵 SoftBank · +$5bn on Arm-backed margin loan (total $18.5bn)

SoftBank sought $5bn more in margin loans backed by Arm shares to fund OpenAI; the facility later reached $20bn ($8.5bn drawn by Nov 2025).

Oct 8, 2025Acquisitionannounced$5.4B
🇯🇵 SoftBank → 🇨🇭 ABB Robotics · closing expected mid-to-late 2026

SoftBank acquires 100% of ABB's robotics division ($2.3 billion in revenue), subject to approvals in the EU, China and the US.

Aug 18, 2025Investmentclosed$2B
🇯🇵 SoftBank → Intel · common stock at $23

SoftBank buys $2 billion of Intel shares at $23 each.

Mar 31, 2025Funds & debtclosed$30B
🇯🇵 SoftBank → OpenAI · $7.5 billion in Apr 2025 + $22.5 billion in Dec 2025

SoftBank (via Vision Fund 2) commits up to $30 billion of the $40 billion round at a $300 billion post-money valuation; second closing of $22.5 billion completed on 26/12/2025, ~11% stake.

Mar 19, 2025Acquisitionclosed$6.5B
🇯🇵 SoftBank → Ampere · all cash; closed 25-26/11/2025

SoftBank acquires Arm-based server CPU designer Ampere Computing, now a wholly owned subsidiary.

Feb 3, 2025Cloud & servicesannounced$3B
🇯🇵 SoftBank → OpenAI · per year

SoftBank commits to spend $3 billion a year to use OpenAI solutions across its companies; the SB OpenAI Japan JV is created to sell 'Crystal Intelligence' to Japanese businesses.

Jan 21, 2025Funds & debtreported$19B
🇯🇵 SoftBank → Stargate · initial commitment, ~40% stake

Stargate launched at the White House: up to $500 billion of US AI infrastructure by 2029, $100 billion immediately. According to The Information, SoftBank commits $19 billion (~40%); Masayoshi Son chairman.

Questions and answers

Who are SoftBank's biggest investors and payers?

Banche e mercato ($65.8B).

How much has SoftBank invested or spent on AI deals?

$101.3B across 9 deals, the largest with OpenAI.

How much is SoftBank worth?

Market cap: $121.6B (Nov 9, 2026).

Is SoftBank part of a circular deal?

No closed loop found for this company.

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