SoftBank says it made $4.2 billion from its OpenAI investment in the last quarter

Core Viewpoint - SoftBank reported a $4.2 billion gain from its investment in OpenAI during the last quarter, highlighting the significant financial impact of its 11% stake in the company [1]. Group 1: Financial Performance - The $4.2 billion gain reflects the valuation surge of OpenAI, which reached a $500 billion valuation following a secondary share sale of $6.6 billion in October [1]. - SoftBank's participation in the secondary share sale contributed to the increased valuation of OpenAI, indicating a circular relationship between the investment and valuation [1]. Group 2: Investment Strategy - SoftBank is actively pursuing investments in artificial super intelligence, positioning itself as a key player in the tech investment landscape [1].