SoftBank expects 30% annual growth in cloud and AI business by fiscal 2027
SoftBank expects its cloud and AI operations to achieve a 30% annual growth rate by fiscal 2027. Additionally, Volvo Cars reported global sales of 164,663 units for the period from May to July 2026, a 4% decrease year-over-year, while sales of electrified models (pure electric and plug-in hybrids) increased by 15%.
SoftBank anticipates a 30% annual growth rate for its cloud and AI business by the fiscal year 2027, according to a report from Cailianshe. In separate news, Volvo Cars announced on August 4 that global sales for the three-month period from May to July 2026 totaled 164,663 vehicles, down 4% from the same period last year. However, sales of its electrified models, including pure electric vehicles and plug-in hybrids, grew by 15% year-over-year, as reported by Jiemian.
Source: 36Kr —
original