SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit

The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with new AI bets and IPOs.

By: Business Insider

Nov 17 2024
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SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit

SoftBank's bets on AI and timely public listings have helped it post its biggest profits for two years, a year after posting losses in the billions.
The Japanese technology conglomerate swung to a 1… [+2653 chars]

SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit

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SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit

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