SoftBank swings to profit, boosted by gain from OpenAI investment
Japanese conglomerate reports turnaround from loss a year earlier
Japanese conglomerate reports turnaround from loss a year earlier

Japanese group has suffered from recent share falls and a negative outlook from rating agency S&P

Gains for OpenAI and Arm investor help Nikkei 225 to record high after holiday closure

Japanese group records $45bn gain on holding in ChatGPT maker over its financial year

Japanese billionaire Masayoshi Son’s group has already invested more than $30bn in ChatGPT maker

Masayoshi Son faces investor nerves with massive spending on AI investments

Net profit doubles to $16bn on gains from OpenAI and PayPay holdings