Techub News reports that, according to CNBC, SoftBank Group announced its fiscal year results ending in March, with its Vision Fund achieving $46 billion in gains, mainly due to appreciation of its investment in OpenAI. The group has invested over $30 billion in OpenAI, with this investment alone contributing $45 billion in returns. This financial report shows that the investment gains from OpenAI account for the vast majority of the total revenue of the Vision Fund, reflecting SoftBank's heavy focus on artificial intelligence infrastructure and model companies. In recent years, the group has continued to increase capital allocation to the AI sector, and this performance also validates the market returns of its investment strategy.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned