Japan's SoftBank Group books 1st annual profit in 4 years
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SoftBank posts first positive earnings in 4 years. Click to read more about key risks, $40B OpenAI investment, ARM's high valuation, and Vision Funds' poor performance.
SoftBank Group Corp. supports OpenAI’s latest plan to turn its for-profit division into a public benefit corporation, even if the overall business remains under the control of its nonprofit.
SoftBank Group Corp. said Tuesday it swung back to profitability in fiscal 2024 for the first time in four years with a net profit of
SoftBank boosts AI ambitions with strategic investments in OpenAI. Learn how their partnership with Microsoft could shape the future of AI technology.
Japanese technology investor SoftBank Group is expected to book a quarterly net loss of 26.9 billion yen ($184.4 million) on Tuesday as early-stage tech startups fell out of favour and losses widened at major portfolio firms.
The results come as SoftBank plans to invest $30 billion in OpenAI while leading a $100 billion foray into building AI hardware in the U.S.
Now we would like to start the SoftBank Group Corp. earnings results announcement for the fiscal year ended March 31, 2025. First of all, I would like to introduce today's participants. From left, we have Yoshimitsu Goto,