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WeWork Moves Forward With IPO On Nasdaq, Could Drop Valuation As Low As $10B
News

WeWork Moves Forward With IPO On Nasdaq, Could Drop Valuation As Low As $10B

... of $47B. Its lead investor in that funding rounding, SoftBank, has reportedly asked Neumann to consider delaying or calling off ... stake, Bloomberg reported. A lower valuation would also dilute SoftBank's influence. A key hangup for many investors after WeWork ...

Sep 13, 2019
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Modular Builder Katerra Buys 2 Traditional Construction Companies
News

Modular Builder Katerra Buys 2 Traditional Construction Companies

... start of 2018, when it received $865M in financing from SoftBank Vision Fund, the Japanese investment firm's venture fund that ... into The We Company, WeWork's parent. As of February, SoftBank was planning another $700M infusion that would value Katerra at ...

Sep 10, 2019
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New Data Center Firm Led By Industry Vets Helps Secure $11.6B Financing Deal For Stargate Project
News

New Data Center Firm Led By Industry Vets Helps Secure $11.6B Financing Deal For Stargate Project

... initiative is led by OpenAI and Oracle, with backing from SoftBank and a range of major tech and investment players like ...

May 26, 2025
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London landmark
News

REPORT: OpenAI's Stargate Data Center Push May Expand To UK

... a joint statement following the FT’s report, OpenAI and SoftBank told Reuters that Stargate still intends to spend $500B in ...

Apr 21, 2025
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Katerra
News

Atlanta Contractor Acquired By Katerra Separates From Bankrupt Startup

... on the multifamily industry, has separated from the one-time SoftBank-backed construction conglomerate, it announced Tuesday. Terms of the ...  stepped into the CEO role around that time, and SoftBank extended the company another $200M to keep operations going. ...

Jun 30, 2021
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Joe Tsai Alibaba Chairman NY Liberty Parade 2024
News

Alibaba Head Sees AI Bubble Forming, 'Astounded' By Size Of U.S. Data Center Investment

... the White House. That followed a $100B commitment from OpenAI, SoftBank and Oracle that was rolled out in a press conference ...

Mar 25, 2025
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dollar
News

WeWork Takes Another Step Toward IPO, Seeks $2.7B Line Of Credit

... IPO would presumably reward its major investor, SoftBank, in a big way. SoftBank and its Vision Fund have invested about ... to a report in the Financial Times. Besides WeWork, SoftBank is the lead investor in digital residential sales platform Opendoor ...

May 30, 2019
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Olara Savanna in West Palm Beach
News

This Week's South Florida Deal Sheet: Savanna Lands $380M For West Palm Beach Condos

... decades, while One IM is the firm run by former SoftBank Vision Fund leader Rajeev Misra and backed by Middle Eastern ...

Mar 10, 2025
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Donald Trump Tim Cook April 2018
News

Apple To Spend $500B On U.S. Manufacturing, Build Houston Factory

... month, the president was joined by the leaders of OpenAI, SoftBank and Oracle at the White House to roll out Stargate ...

Feb 24, 2025
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Microsoft sign
News

Microsoft Scraps Data Center Leases Amid Possible Oversupply

... result, OpenAI has shifted its infrastructure planning toward Oracle and SoftBank, most notably partnering on the $500B Stargate data center joint ...

Feb 24, 2025
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