The logo of Japanese company SoftBank Group is seen outside the company's headquarters in Tokyo on January 22, 2025.
SoftBank's continued push into AI with investments in ChatGPT maker OpenAI and PayPay helped the Japanese giant post a $19 billion gain on its Vision Fund in its fiscal second quarter.
The broader Vision Fund segment factors in non-investment performance such as administrative expenses and gains and losses attributable to third-party investors. The value of the fund had risen $4.8 billion in the company's fiscal first quarter.
Softbank is ploughing ahead with its push into artificial intelligence, investing and acquiring firms that will bolster its presence in robots and Artificial Super Intelligence (ASI).
AI revenues reached "new highs" in the quarter ended Sept. 30 with 93% of annualized growth, Softbank said in a investor briefing on the results. Gains from the company's investment in OpenAI totaled 2.157 trillion yen ($14 billion) in the quarter.
The company also said Tuesday that it will conduct a four-for-one stock split at the end of the year in a bid to make its shares more accessible to investors and to further expand its shareholder base.
Here's how SoftBank fared in the fiscal second quarter: