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SoftBank Group reported a second straight quarter of profitability on Monday as the Japanese tech conglomerate benefits from an artificial intelligence investment boom that has buoyed prized assets like Arm Holdings. https://www.japantimes.co.jp/business/2024/05/13/companies/softbank-1q-profit/

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SoftBank Group’s flagship Vision Fund has sold or written down billions of dollars’ worth of holdings in recent years as founder Masayoshi Son shifts away from away venture capital deals toward investments in semiconductors and artificial intelligence. https://www.japantimes.co.jp/business/2024/05/10/companies/softbank-vision-fund/

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SoftBank saw its first profit after four straight quarters of losses, backed up by T-Mobile shares, Arm Holdings' rally, and the rebound of Vision Fund, despite skepticism over the unit's privately held startups. https://www.japantimes.co.jp/business/2024/02/08/companies/softbank-profit-up/

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SoftBank Group’s Vision Fund has eked out its first profit in more than a year, thanks to a global tech rebound that has helped lift the value of some of its investments. https://www.japantimes.co.jp/business/2023/08/08/global-tech-stock-rebound-lifts-softbank-vision-fund-into-profit/?utm_content=buffere5304&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn

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