SoftBank news
SoftBank appears in 11 stories we have published between August 2026 and November 2026, mostly in our Business and AI coverage. It is most often reported alongside Alphabet, Amazon and Microsoft.
Latest development
PRISM reports 35% revenue growth to ₹2,814 crore in Q1 FY27
PRISM, the parent company of OYO, reported a 35% jump in revenue to ₹2,814 crore for the quarter ending June 2026. Net profit rose 17% to ₹353 crore, though ₹244 crore of that came from a deferred-tax credit. Gross Booking Value grew 30% to nearly ₹9,600 crore, driven by strong demand in its hotel and vacation home segments.
7 November 2026
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PRISM reports 35% revenue growth to ₹2,814 crore in Q1 FY27
PRISM, OYO’s parent company, posted 35% revenue growth to ₹2,814 crore and a 17% rise in net profit to ₹353 crore in Q1 FY27.

OpenAI pitches AI policy plan as voters reject data center expansions
OpenAI’s Chris Lehane outlines five policy priorities for AI ahead of the 2028 U.S. election, while voters in 10 states reject data center expansions.

Startups and Amazon develop quieter drones to address noise complaints
Startups like Greenjets and Sharrow Engineering, alongside Amazon, are innovating to reduce drone noise by up to two thirds as delivery services expand…

Ola Electric shares slide 7% after Goldman Sachs downgrades outlook to Sell
Ola Electric's stock dropped over 7% after Goldman Sachs downgraded its outlook to "Sell" and cut its price target to ₹23.

Japan to launch AI ethical hacker team in 2026 after PHP disruptions
Japan’s government will establish an AI-powered ethical hacker team by November 2026 to probe systems for vulnerabilities.

Boston Dynamics appoints ex-Amazon AI chief Rohit Prasad as CEO to scale humanoid robot production
Boston Dynamics appoints Rohit Prasad, former Amazon AI chief, as CEO to lead a shift toward large-scale humanoid robot manufacturing for Hyundai and Kia…

Reclinker raises £10m to scale low-carbon cement from demolition waste
Reclinker, a UK startup, secures £10m in Series A funding to commercialise its low-carbon cement technology, cutting emissions by 50% using demolition waste.
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AceVector lists at 11.5% discount to IPO price despite strong demand
AceVector, parent company of Snapdeal, listed on the stock market at an 11.5% discount to its IPO price of Rs 32.

SoftBank’s Son Sounds Alarm on AI Risks as Kyoto Vision Launches
Masayoshi Son urges international cooperation on AI safety while SoftBank invests $64.6bn in OpenAI.

Automattic Rebuilds Board After Failed Attempt to Oust CEO Matt Mullenweg
Automattic appoints a new board of directors following an internal conflict where the previous board attempted to remove CEO Matt Mullenweg.

Spinny's IPO Plans: A Deep Dive into India's Used-Car Unicorn's Strategy
Spinny's IPO plans: Learn about the used-car unicorn's strategy, funding, and market competition.
