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$ETH SoftBank's Q4 net profit soars to $11.6 billion, driven by Vision Fund's $19.7 billion gain from OpenAI, according to Reuters. The SoftBank Group reported on May 13 that its net profit for the January to March quarter rose to 1.83 trillion yen ($11.6 billion), up from 517 billion yen ($3.28 billion) a year earlier. The Vision Fund recorded an investment gain of 3.1 trillion yen ($19.7 billion) in that quarter, mainly driven by valuation increases during multiple funding rounds of OpenAI. SoftBank has committed to reinvesting an additional $30 billion into OpenAI by 2026, bringing its total committed investment to $64.4 billion, representing approximately a 13% stake.