SoftBank Vision Fund swings to annual loss as investment gains slow

From CNBC: 2025-05-13 03:05:00

SoftBank’s Vision Fund business posted a loss in the fiscal year ended March, with a 40% fall in gains at its massive tech investment arm. The segment overall logged a pretax loss of 115.02 billion yen. SoftBank saw gains on investments in Didi and Coupang, but suffered from a drop in value of companies like AutoStore. Investors are watching for signs of improvement after a surprise loss in the company’s fiscal third quarter.

SoftBank founder Masayoshi Son aims to position the company as a key player in artificial intelligence through investments and acquisitions. The firm owns Arm and announced plans to acquire server chip designer Ampere Computing for $6.5 billion. SoftBank’s big AI bet is on OpenAI, in which it invested $30 billion as part of a $40 billion financing round. The company is also involved in Stargate, a joint venture for AI infrastructure.

Masayoshi Son recently appeared alongside U.S. President Donald Trump at an ‘Investing in America’ event in Washington, D.C. SoftBank’s stock is down about 17% this year due to market volatility and macroeconomic concerns. The company continues to focus on expanding its AI capabilities through strategic investments and partnerships.



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