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SoftBank Unit Plans First Dollar Bond Sale in $500 Million Deal

SoftBank Unit Plans First Dollar Bond Sale in $500 Million Deal

Bloomberg4 hours ago

SoftBank Group Corp. 's telecommunications unit plans to make its first offering of US dollar-denominated bonds, with Morgan Stanley and others acting as lead managers, in a deal aiming to raise about $500 million.
SoftBank Corp. 's global investor roadshows began on June 26, with meetings planned in Asia, Europe, and the US, said people familiar with the situation.

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Amiad Solomon is the CEO and Founder of HQ, a leading platform for corporate ground transportation. AI is transforming nearly every industry, but adoption has been cautious in corporate ground transportation. Despite a growing ecosystem of AI-powered solutions, that hesitation isn't unfounded: Ground transportation is complex, high-stakes and often resistant to change. From my experience working in this space, I've seen how these challenges can slow innovation, but also how AI can create opportunities to overcome those very issues. The potential is clear. AI is fundamentally improving how we move people safely, efficiently and intelligently. Success in this space, though, depends on strategically aligning AI solutions with a company's unique needs. Why AI In Ground Transportation Corporate ground transportation is riddled with inefficiencies. Bookings are often fragmented across cities, suppliers and regions. Invoices arrive late or with errors. Spend visibility is poor. Travelers deal with inconsistent experiences. Plus, travel managers often fly blind. AI can help address these issues by offering the ability to predict outcomes, prevent fraud and optimize processes. This isn't just theory. It's already happening. AI is helping some of the world's most complex enterprises move employees, executives and guests across cities and continents with greater precision and control. Here are a few use cases: • Optimization: AI can streamline routing and dispatch across geographies in ways no human team could manage manually. • Cost Control: Intelligent systems can detect anomalies, flag out-of-policy rides and recommend vendors based on real-time pricing. • Rider Safety And Satisfaction: AI-enhanced travel involves technologies designed to reduce delays, tailor services to individual needs and enable proactive communication. • Sustainability tracking: Algorithms can help reduce emissions by optimizing vehicle usage and recommending eco-friendly options. • Time savings: Automated invoicing, compliance checks and data reconciliation can reduce back-office load. Mitigating Risks: Responsible AI Integration As with any innovation, though, AI comes with valid concerns. Here are a few that are holding companies back from adoption: • Data Privacy And Security: AI relies on data—location, behavior, transactions. Mishandled, this raises compliance and trust issues. • Black-Box Decisions: When AI makes routing or billing decisions, leaders may not always understand how or why. • Integration Hurdles: Many organizations still rely on legacy tools that don't play well with new tech. • Change Management: Getting teams to trust and adopt AI tools requires training, communication and, sometimes, culture shifts. The key is not to blindly adopt AI, but to thoughtfully implement it with a strategy and guardrails in place: • Govern your data. Only collect what's necessary, and ensure transparency around how it's used. Ensure opt-in AI application. • Maintain human oversight. AI should support—not replace—decision-makers. Flag anomalies, but let people verify. • Insist on explainability. Opt for vendors whose algorithms provide clear reasoning behind key decisions. • Start small. Pilot AI for a single market or function (like invoice automation), learn, then scale. • Choose strategic partners. Your providers should understand regulatory, operational and reputational risks surrounding AI in transportation. These improvements are about control, compliance and confidence at scale. When done right, AI creates measurable value for everyone involved for both riders, travel managers and back-office teams. What Leaders Should Do Now AI in ground transportation won't solve every challenge overnight, but it can help leaders bring order to a deeply fragmented system, which is critical to business operations and employee experience. Here's where to start: • Audit your current ecosystem. Where are the gaps? What's manual, slow, or error-prone? • Align your stakeholders. Finance, IT, operations, travel—AI adoption requires cross-functional collaboration. • Assess your data. Clean, centralized data is fuel for effective AI. • Evaluate vendors based on transparency, security and scalability. • Lead the shift. Create a culture that's open to smart automation—not resistant to it. In this space, innovation doesn't mean moving fast and breaking things. It means moving smarter—and leading with intention. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?

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