SoftBank Profits Soar Five-Fold on AI Investments
#SoftBank #AIInvestmentsJapanese tech investor SoftBank reported fivefold profit growth to $32 billion for fiscal 2025, driven by lucrative AI investments in OpenAI and Nvidia, plus gains from PayPay's IPO. read more
#SoftBank #AIinvestment
Arm's owner SoftBank reported a profit of £1.2bn as it focuses on investing in AI. Arm plans to develop AI chips for a 2025 launch. SoftBank's gains were influenced by investments like in the UK chip designer Arm. read more