SoftBank's AI Bet Faces Scrutiny in Upcoming Earnings
SoftBank Group Corp. is set to report earnings this week, with analysts expecting a net profit of around ¥148bn ($940m) for the April-June quarter. However, investors will be closely watching the company's debt-fueled AI bets, particularly its investment in OpenAI, the operator of ChatGPT. The earnings report will provide insight into the sustainability of SoftBank's AI strategy.4 sourcesSee all sources