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SoftBank's mammoth Q3 loss raises questions on big AI bets

SoftBank's mammoth Q3 loss raises questions on big AI bets

FILE PHOTO: Japan's SoftBank Group Corp Chief Executive Masayoshi Son attends a news conference in Tokyo, Japan, Nov. 5, 2018. REUTERS/Kim Kyung-Hoon/File Photo

Anton Bridge

12 February, 2025

Japan’s SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of e-commerce platform Coupang and other tech companies held by its Vision Fund investment arm.

Masayoshi SonSoftbank
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