'Our investments are beginning to pay off': AI boom brings SoftBank back into the black | Fortune
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'Our investments are beginning to pay off': AI boom brings SoftBank back into the black | Fortune
"SoftBank Group reported a 248.6 billion yen ($1.62 billion) profit for the October-December period, a reversal from 369 billion yen in losses racked up in the same quarter a year earlier. Quarterly sales rose 8% to 1.98 trillion yen ($12.9 billion). Tokyo-based SoftBank Group sold its stake in Nvidia for $5.8 billion in October, in line with its focus on artificial intelligence."
"It has invested nearly $35 billion in OpenAI, the developer of the artificial intelligence chatbot ChatGPT, for an ownership interest of about 11%, which has brought investments gains, the company said. Among other investments, last year SoftBank Group acquired Ampere, a U.S.-based semiconductor design company, for $6.5 billion, after which it became a wholly owned U.S. subsidiary. Another interest is robotics. SoftBank Group reached an agreement with ABB last year to acquire its robotics business for $5.375 billion."
SoftBank Group returned to profitability in October–December 2025 with a 248.6 billion yen profit after a prior-year quarterly loss. Quarterly sales increased 8% to 1.98 trillion yen. Gains included a $5.8 billion sale of its Nvidia stake and investment returns from an approximately 11% stake in OpenAI, backed by nearly $35 billion invested. SoftBank acquired Ampere for $6.5 billion, making it a wholly owned U.S. subsidiary, and agreed to buy ABB's robotics business for $5.375 billion pending regulatory approvals. For the nine months through December, SoftBank posted a 3.17 trillion yen profit and nearly 8% higher sales.
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