SoftBank Vision Fund books $2.4 billion quarterly gain boosted by OpenAI bet
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | ReutersSoftBank posted a $2.4 billion gain at its Vision Fund in the December quarter as a jump in the value of its OpenAI investment helped offset losses in some of its other bets. The Japanese giant said it made a $4.2 billion gain on the value of its OpenAI investment in its fiscal third quarter, which runs to the end of December, offsetting losses ste...
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