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Cryptopolitan 2024-11-12 20:15:41

SoftBank revives portfolio with AI strategy

Japanese multinational investment firm SoftBank reported a revenue of ¥1.18 trillion ($7.7 billion) in the previous quarter, following a loss of about ¥931 billion ($6 billion) from the year before. The company made a financial comeback thanks to its Vision Fund investments and founder Masayoshi Son’s shrewdness in taking risks. SoftBank shares have fluctuated with