Japanese technology and telecoms giant SoftBank Group Corp. swung back into profitability in the last quarter of 2025 as its investments in OpenAI and other ventures paid off, the company said Thursday.
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.
