AI holdings drive Vision Fund gains as billions more committed to ChatGPT maker

Japanese technology investor Softbank Group says profits for the fiscal year through March zoomed by nearly five-fold as its AI investments paid off.

SoftBank booked a yearly gain of $46 billion at its Vision Fund driven in large part by the huge rise in value of its investment in OpenAI.

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

AI holdings drive Vision Fund gains as billions more committed to ChatGPT maker

SoftBank sees $46B Vision Fund gain as OpenAI's valuation soars, highlighting heavy reliance on its OpenAI investment.