SoftBank posts blowout quarterly gains at Vision Fund tech arm

In its fiscal second quarter, SoftBank saw a 608.5 billion yen gain from its Vision Fund, primarily driven by valuation gains in companies like Coupang and Didi Global. The broader Vision Fund segment reported a gain of 373.1 billion yen, rebounding from a loss in the previous quarter. Despite a net loss in Vision Fund 2, SoftBank is focusing on AI investments and cashing in on the success of Arm Holdings, positioning itself in the artificial intelligence boom.

Full Article