Re:Hyundai buys Boston Dynamics
by downrightmike on Friday June 19, 2026 @03:15PM
(#48602128)
Softbank is bleeding money and they need cash, AI isn't shaping up to what they thought it would be
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Re:Hyundai buys Boston Dynamics
by letmevoteplease on Friday June 19, 2026 @03:28PM
(#48602268)
Not sure how to square this post with recent headlines like "SoftBank posts $46 billion gain at Vision Fund driven mainly by massive OpenAI bet".
Re:Hyundai buys Boston Dynamics
by iterateoften on Friday June 19, 2026 @03:35PM
(#48602350)
Paper money vs cash
Re:Hyundai buys Boston Dynamics
by avianlyric on Friday June 19, 2026 @08:23PM
(#48604942)
SoftBank hold huge positions in companies like OpenAI, funded using debt. The interest on those loans is killing them, and until OpenAI actually IPOs and SoftBank can sell their stake, they have to pay that interest using cash from somewhere else.
Re:Hyundai buys Boston Dynamics
by warumdarum on Friday June 19, 2026 @03:33PM
(#48602330)
Sometimes the first one to leave the casino is the last one to join an add hoc concert playing "smoke on the water" for the first time
didnt they get absolutely rekt on WeWork?
How are they still able to be a thing
SoftBank owns 90% of Arm which is up about 1000% since the IPO in 2023.