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softbank: SoftBank may turn profit after $48 billion in Vision Fund losses - Vimarsana News

softbank: SoftBank may turn profit after $48 billion in Vision Fund losses

SoftBank Group Corp.s Vision Fund is likely to return to profitability after five quarters of losses, thanks to an artificial-intelligence-fueled rebound thats lifting startup valuations.

SoftBank May Turn Profit After $48 Billion in Vision Fund Losses - Vimarsana News

SoftBank May Turn Profit After $48 Billion in Vision Fund Losses

(Bloomberg) -- SoftBank Group Corp.’s Vision Fund is likely to return to profitability after five quarters of losses, thanks to an artificial-intelligence-fueled rebound that’s lifting startup valuations.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarUS Lab Behind Fusion Brea

Source: yahoo.com