Global Market: SoftBank's AI strategy stays on course despite flat OpenAI valuation in Q1

Source: The Times of India· Anupam Nagar· August 6, 2026

SoftBank reported an 18% decline in first-quarter net profit, though earnings exceeded expectations as strong gains from Intel and ByteDance investments offset weaker contributions from OpenAI. The company remains focused on expanding its AI portfolio, with m…

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