SoftBank Vision Fund books $2.4 billion gain boosted by OpenAI bet
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to introduce artificial intelligence to businesses in Tokyo, Japan, on February 3, 2025.
Kim Kyung-Hoon | Reuters
SoftBank reported a $2.4 billion gain in its Vision Fund in the December quarter as a rise in the value of its OpenAI investment helped offset losses on some other bets.
With its Vision Fund, SoftBank is trying to position itself at the center of the development of technology by investing in artificial intelligence companies that it believes will be category winners.
This includes a nearly $40 billion investment in one of its parent companies, ChatGPT developer OpenAI. SoftBank’s other big bets include chip designer Arm and investments covering everything from robotics to self-driving cars.
SoftBank shares have soared this week following strong results at its telecommunications unit and a rise in Arm’s share price.
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