SoftBank Profit Doubles to $16.6 Billion Amid OpenAI Investment Boom
SoftBank profit has surged dramatically in the second quarter of 2025, more than doubling to 2.5 trillion yen ($16.6 billion). The impressive growth is largely driven by valuation gains from its investment in OpenAI, the company behind ChatGPT. The Japanese technology conglomerate, led by Masayoshi Son, has made aggressive bets on artificial intelligence, and this…