Arjun Kharpal / CNBC:

SoftBank Group reports Q3 net profit of $1.6B after its Vision Fund posted a $2.4B gain, as a jump in the value of its OpenAI investment helped offset losses  —  SoftBank posted a $2.4 billion gain at its Vision Fund in the December quarter as a jump in the value of its OpenAI investment helped offset losses in some of its other bets.

Arjun Kharpal / CNBC:

SoftBank Group reports Q3 net profit of $1.6B after its Vision Fund posted a $2.4B gain, as a jump in the value of its OpenAI investment helped offset losses  —  SoftBank posted a $2.4 billion gain at its Vision Fund in the December quarter as a jump in the value of its OpenAI investment helped offset losses in some of its other bets.

Source: TechMeme
Source Link: http://www.techmeme.com/260212/p12#a260212p12