SoftBank’s annual profit quadruples as it doubles down on OpenAI bet
SoftBank
AI holdings drive Vision Fund gains as billions more committed to ChatGPT maker
SoftBank CEO Masayoshi Son, left, has made one of the group’s biggest bets with a huge investment in counterpart Sam Altman’s OpenAI. © Reuters
TSUBASA SURUGA
May 13, 2026 16:12 JST
Updated on May 13, 2026 19:31 JST
TOKYO — SoftBank Group on Wednesday reported a record full-year net profit of 5 trillion yen ($31.6 billion), quadrupling from a year earlier, as the Japanese technology investor increased its bet on ChatGPT developer OpenAI.
