SoftBank books $12 billion profit on OpenAI stake gains

πŸ‡ΈπŸ‡¬ Channel NewsAsia (SG) —
SoftBank books $12 billion profit on OpenAI stake gains

AI Summary

SoftBank has recorded a $12 billion profit primarily due to gains from its investment in OpenAI. This marks a significant return on investment for the Japanese conglomerate.

Markets Deals AI & Tech SoftBank OpenAI investment profits technology

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