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SoftBank posts 12 billion profit as OpenAI investment boosts valuation
Technology
Published on 13 May 2026
OpenAI gains quietly powered SoftBank’s earnings run
SoftBank Group reported a net profit of 1.9 trillion yen (about $12.05 billion) for January–March, up sharply from a year earlier. The company logged five straight profitable quarters, with rising value of its major OpenAI stake playing a key role in the jump, highlighting how AI investments continue to move the investor’s results.
- SoftBank net profit hit 1.9 trillion yen for January–March
- Results topped expectations as profit rose year over year
- Five consecutive quarters of profitability were recorded
- OpenAI valuation gains helped drive the improvement
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times