SoftBank's AI Strategy Stays on Course Despite Flat OpenAI Valuation in Q1

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Technology

6 August 2026 at 5:54 pm

SoftBank's AI Strategy Stays on Course Despite Flat OpenAI Valuation in Q1

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Summary

SoftBank reported an 18% decline in Q1 net profit, but its earnings surpassed expectations due to strong gains from Intel and ByteDance, as the company maintains its focus on expanding its AI portfolio despite a flat OpenAI valuation.

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