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 pitch AI for businesses in Tokyo, Japan Feb. 3, 2025.
Kim Kyung-Hoon | Reuters
SoftBank recorded a significant $2.4 billion gain at its Vision Fund during the last quarter of the year, driven by the increased value of its investment in OpenAI, despite facing losses in other ventures.
Through its Vision Fund, SoftBank has strategically invested in AI companies with the potential to lead their respective categories, positioning itself at the forefront of AI technology advancement.
One of its major investments includes approximately $40 billion in the development of ChatGPT by OpenAI, which is considered a cornerstone company for SoftBank. In addition, the company has also made key investments in various sectors such as chip design with Arm and emerging technologies like robotics and autonomous vehicles.
Following robust performance in its telecommunications division and a surge in Arm’s stock price, SoftBank’s shares have experienced a notable increase this week.
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