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#SoftBank

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Technology

Flying Base Station: SoftBank's HAPS Airship Heads to Japan in August

From mid-August 2026 SoftBank will fly a 65-metre helium airship from New Mexico across the Pacific and hold it about 20 km above Japan, testing voice, SMS and data from a flying base station that covers up to 200 km across. Commercial service is targeted from 2027. Here is how it differs from satellite direct-to-phone, why Loon died, and the business problem SoftBank has not solved.

Business & Economy

NTT's Final Form: Is Japan's Telecom Giant Redesigning Itself, or Building a Monster?

What is NTT, one of Japan's largest telecom conglomerates, really building behind a decade of re-consolidation and its coming split of Docomo? We lay out the facts, then predict the 'final form' that emerges and the backbone it plans to earn from, comparing it with AT&T's failed media bet, SoftBank's reinvention, and India's Reliance playbook to find the real key to whether it works.

Technology

Fugaku NEXT's Counterintuitive Bet: Cooling AI Supercomputers With 30°C Warm Water and SoftBank-Intel's HBM-Killer Memory

Japan's next-gen supercomputer Fugaku NEXT bets against the cooling consensus: warming water above 30°C to cool AI servers and cutting cooling power by 20%. It may also adopt 'ZAM,' a new memory developed by SoftBank and Intel that stands DRAM chips on edge with magnetic-field coupling. Why Japan is choosing efficiency over the gigawatt-scale arms race that defines US Frontier and El Capitan.

Business & Economy

Nikkei 225 Tops 60,000 for the First Time: How It Differs from the 1989 Bubble in 5 Numbers

On April 23, 2026, the Nikkei 225 crossed 60,000 intraday for the first time in history. We compare this milestone with the 1989 bubble peak at 38,915 yen, examining USD-based performance, the foreign ownership shift from 5% to 32.4%, the PER drop from 60x to 16x, and the heavy concentration in just a handful of AI and semiconductor stocks like SoftBank Group, which surged 9.6%.

Business & Economy

Japan's $6.3B AI Counterattack: SoftBank, NEC, Sony and Honda Launch National AI Company to Challenge US and China with Physical AI

SoftBank, NEC, Honda, and Sony have established a new company to develop Japan's own AI foundation model, backed by $6.3 billion in government support over five years. Instead of competing head-on with US and Chinese tech giants in general-purpose AI, Japan is betting on 'Physical AI', AI that controls robots and factory equipment using the country's deep manufacturing expertise.

Business & Economy

PayPay US IPO at $16: Japan's Cashless Giant Hits Nasdaq — What SoftBank's Fintech Bet Means for Global Payments

PayPay, Japan's dominant mobile payment app with 73 million users, listed on Nasdaq on March 12, 2026 at $16 per share — below its initial range. Backed by cornerstone investors including ADIA, Visa, and Qatar Holding, it's the largest US IPO by a Japanese firm in a decade. We analyze Japan's cashless revolution and how PayPay compares to global rivals like Alipay and GrabPay.

Business & Economy

PayPay's Nasdaq IPO: Priced at $16, With Visa, QIA and ADIA as Cornerstone Investors

SoftBank-backed PayPay listed on the Nasdaq on March 12, 2026. It priced at $16 per ADS, below its $17-20 range, for a market cap of about $10.7 billion, then opened at $19 and closed the next day at $21.14, worth roughly $14.1 billion. Visa, the Qatar Investment Authority and ADIA committed up to $220 million combined as cornerstone investors. The plan: a dual QR and NFC wallet aimed at America's $2 trillion cash market.

Business & Economy

Rapidus Government Investment Revealed: Golden Shares, Voting Rights Controls, and Japan's $19B Semiconductor Gamble

Japan reveals the full picture of its Rapidus investment scheme: becoming top shareholder with just 10% voting rights, holding golden shares with veto power, and a mechanism to seize majority control if finances deteriorate. We compare Japan's $19B commitment with the US CHIPS Act and EU Chips Act, and examine whether Rapidus can realistically mass-produce 2nm chips by 2027.

Technology

AI-RAN Alliance: Japan's Government Joins Global Push to Turn Cell Towers Into AI Brains

Japan's Ministry of Internal Affairs and Communications has joined the AI-RAN Alliance, an international consortium turning cell towers into AI processing hubs. With SoftBank, NVIDIA, Samsung, and other tech giants on board, this move signals Japan's commitment to distributed AI infrastructure and its strategic positioning in the US-China tech race heading into the 6G era.