08-December-2025
Corporate News
 
SoftBank Profit More Than Doubles to $16.6 Billion on OpenAI Gains
11-Nov-2025

SoftBank Group Chief Executive Masayoshi Son's "all in" bet on OpenAI appears to be paying dividends after the ChatGPT-maker's valuation soared this year, producing a surge in quarterly profit for the Japanese technology investor. The results mean more money for SoftBank to employ in its artificial intelligence-related investment spree even as concerns mount of an "AI bubble" in which valuations overestimate the profits the technologies can generate.

News Source:- https://money.usnews.com/investing/news/articles/2025-11-11/softbank-group-posts-16-6-billion-net-profit-in-q2