SoftBank shares plunge as Google's Gemini sparks fears over OpenAI's competitiveness

Core Viewpoint - SoftBank Group shares experienced a significant decline, reaching a 2½-month low due to concerns over increased competition in the artificial intelligence sector, particularly from Alphabet's new Gemini model impacting OpenAI, a key investment for the company [1]. Group 1 - The stock price of SoftBank Group fell by as much as 11% in Tokyo, following a previous decline of 10% [1].