
SoftBank Profit Soars on Big Win from OpenAI Investment
•By ADMIN
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Japanese investor SoftBank Group Corp. posted a staggering net profit of ¥2.5 trillion (around US $16.6 billion) for the second quarter ended September 30, more than double the ¥1.18 trillion earned a year earlier.
The sharp jump was driven largely by valuation gains at its tech‑investment arm, SoftBank Vision Fund, which recorded a ¥3.44 trillion investment gain in the quarter — of which ¥2.16 trillion came from its stake in OpenAI Global LLC.
The result far exceeded analysts’ average estimate of roughly ¥207 billion.
The surge underscores SoftBank’s bold pivot into artificial‑intelligence investment, even as some investors caution the market may be overheating.
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