
SoftBank Group has experienced a significant shift in its investment strategy, focusing more on artificial intelligence and chip technology, particularly through its subsidiary Arm's AI chip developments and its surging valuation. This strategic pivot comes as SoftBank reports a mixed financial performance, with the Vision Fund posting its first annual gain in three years at $4.6 billion, despite a $300-million loss in the March quarter and the group recording its third consecutive annual loss. Additionally, SoftBank has sold nearly its entire stake in Alibaba, aligning with its new focus, and holds $30 billion of cash. The company's portfolio adjustments and strategic investments in AI are aimed at positioning it strongly against competitors in the technology sector, underscored by a $1.5 billion quarterly profit.

















SoftBank Group trimmed its losses for the fiscal year through March to about a quarter of the red ink it racked up a year earlier, as its investment losses declined, the Japanese technology company said Monday. https://t.co/SL67TAFaXw
Once again @arm is at the centre of Masa Son's @SoftBank_Group universe. Read how it got there: https://t.co/giawC4Uomj #microchips #ai #onArm https://t.co/XSPreLP5KC
SoftBank has shed almost its entire stake in Alibaba as it focuses on investments in artificial intelligences after posting a third straight year of losses. https://t.co/djUZZhUDLZ