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- 🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
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⏰ Event Time: Nov 5 10:00 – Nov 12 26:00 UTC
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If delivery is unavailable, th
Looks like Masayoshi Son's massive gamble is finally printing money. The SoftBank chief went full degen mode on OpenAI, and that bet's now looking genius-tier with ChatGPT's valuation absolutely moonshot this year.
The Japanese tech investment giant just posted a monster quarterly profit surge, directly tied to their OpenAI position appreciation. Son literally went "all in" on this one - classic high-conviction play that most investors would've been too scared to make.
What's wild is how fast the turnaround happened. OpenAI's valuation spike wasn't gradual - it exploded. And SoftBank, having positioned heavy early, is now sitting on some serious unrealized gains that just hit their books.
This is textbook venture capital vindication. Everyone questions the concentrated bet until it works. Then suddenly the "reckless" allocation becomes "visionary." Son's taken plenty of heat over past misses, but this OpenAI call might just rewrite his comeback story.