SoftBank profit soars on OpenAI gains but shares fall
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SoftBank reported a record net profit of 1.83 trillion yen in Q4, largely due to $45 billion gains from its OpenAI investment. However, shares declined as investors expressed concerns over debt, portfolio concentration, and rising AI competition. To mitigate these risks, SoftBank is expanding its AI infrastructure and considering a $100 billion IPO for Roze AI to diversify its investments beyond OpenAI.
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