In May, SoftBank posted its first annual profit in four years for the fiscal year ended March, helped by gains in SoftBank's older investments in Alibaba , T-Mobile and Deutsche Telekom.

SoftBank Group reported Q1 profit of $2.87 billion, beating forecasts. Vision Fund’s $4.8 billion gain was the key driver, supported by AI-linked investments. SoftBank leads $40B funding for OpenAI and is acquiring Ampere Computing for $6.5B.

SoftBank posts surprise $2.87B Q1 profit, driven by Vision Fund gains from companies like Grab, Swiggy, and strong public and private tech investments.