SoftBank Group Corp. reported a smaller-than-expected decline in quarterly net income, helped by a rally in its chip-stock holdings. OpenAI’s Japanese backer is in the spotlight alongside concerns about climbing debt levels that AI service providers are taking on to spend on data centers and other infrastructure. Bloomberg's Neil Campling reports. (Source: Bloomberg)
SoftBank Group Corp. reported a smaller-than-expected decline in quarterly net income, helped by a rally in its chip-stock holdings. OpenAI’s Japanese backer is in the spotlight alongside concerns about climbing debt levels that AI service providers are taking on to spend on data centers and other infrastructure. Bloomberg's Neil Campling reports. (Source: Bloomberg)
<iframe src="https://statesidedaily.com/embed/cluster/50c59adaeb81fd6adfe3f72a4e0999f5edd21c68" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="SoftBank Profit Beats Expectations"></iframe>
