International Companies

SoftBank profits soar to $32bn as OpenAI bet bears fruit

By Benjamin Chiou

Date: Wednesday 13 May 2026

(Sharecast News) - Annual profits at Japanese investment giant SoftBank more than quadrupled over its latest fiscal year, thanks to massive gains on its investment in OpenAI.
The company, which invested $32.4bn into the ChatGPT maker over the 12 months to 31 March, taking its cumulative investment by year-end to $34.6bn,...

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