SoftBank Sells T-Mobile Stake for $4.8 Billion to Fund AI Push
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(Bloomberg) -- SoftBank Group Corp. raised around $4.8 billion through a sale of T-Mobile US Inc. shares, a move that helps fund the Japanese companyâs grandiose plans for artificial intelligence.Most Read from BloombergAs Part of a $45 Billion Push, ICE Prepares for a Vast Expansion of Detention SpaceSecurity Concerns Hit Some of the Worldâs âMost Livable CitiesâAs American Architects Gather in Boston, Retrofits Are All the RageThe Tokyo-based technology group sold 21.5 million T-Mobile shares
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(Bloomberg) -- SoftBank Group Corp. raised around $4.8 billion through a sale of T-Mobile US Inc. shares, a move that helps fund the Japanese companyâs grandiose plans for artificial intelligence.Most Read from BloombergAs Part of a $45 Billion Push, ICE Prepares for a Vast Expansion of Detention SpaceSecurity Concerns Hit Some of the Worldâs âMost Livable CitiesâAs American Architects Gather in Boston, Retrofits Are All the RageThe Tokyo-based technology group sold 21.5 million T-Mobile shares
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