After selling its entire stake in the world's most-valuable company to fulfill a funding promise to Sam Altman; Japanese giant Softbank says: Nothing ...
SoftBank's Vision Fund reported a $2.4 billion gain in its December quarter, largely driven by an increased valuation of its OpenAI investment. This surge helped offset losses from other holdings, highlighting SoftBank's significant bet on AI's future. Despite this success, the company remains non-committal on further participation in OpenAI's upcoming funding round.
SoftBank's Vision Fund reported a $2.4 billion gain in its December quarter, largely driven by an increased valuation of its OpenAI investment. This surge helped offset losses from other holdings, highlighting SoftBank's significant bet on AI's future. Despite this success, the company remains non-committal on further participation in OpenAI's upcoming funding round.
