SoftBank Posts Major Profit Boost From AI Investments
SoftBank Group announced a substantial increase in its profits, primarily attributed to the surging value of its artificial intelligence investments. The company's stake in OpenAI was highlighted as a major contributor to these gains.
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SoftBank Logs Surprise Profit Jump in Boon for Son’s AI Bets - Bloomberg.com
SoftBank Logs Surprise Profit Jump in Boon for Son’s AI Bets Bloomberg.com
Read full article →SoftBank posts $46 billion gain at Vision Fund driven mainly by massive OpenAI bet
SoftBank booked a yearly gain of $46 billion at its Vision Fund driven in large part by the huge rise in value of its investment in OpenAI.
Read full article →Japan's SoftBank racks up huge profit gains with lift from lucrative AI investments
Japanese technology investor Softbank Group says profits for the fiscal year through March zoomed by nearly five-fold as its AI investments paid off
By Yuri Kageyama
Read full article →SoftBank logs surprise profit jump in boon for Son’s AI bets
The technology group earned a net income of ¥1.83 trillion ($11.6 billion) in its fiscal fourth quarter, compared with the average analyst estimate of ¥295.2 billion.
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