SoftBank profit jumps, emboldens Son to bet more on OpenAI

SoftBank reported a net income of 1.83 trillion yen for its fiscal fourth quarter, far exceeding the average analyst estimate of 295.2 billion yen.

The results have encouraged founder Masayoshi Son to expand bets on OpenAI.

The performance underscores the success of the company's technology investments.

SoftBank plans to accelerate its AI-related initiatives going forward.

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Illustration depicting Samsung Electronics' record Q1 operating profit of 57.2 trillion won driven by AI chip demand, featuring executives celebrating amid glowing financial displays.
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Samsung Electronics forecasts record Q1 operating profit of 57.2 trillion won

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Samsung Electronics estimated a record first-quarter operating profit of 57.2 trillion won ($37.9 billion) on Tuesday, driven by surging demand for AI chips. The figure marks a 755 percent increase from a year earlier, with sales reaching 133 trillion won for the first time exceeding 100 trillion won. The results surpassed analysts' expectations amid a booming AI sector.

SoftBank’s market value surpassed Toyota’s on June 1 after its shares rose 14 percent in Tokyo trading. This marks the first time in over two decades that the technology group has held the top spot among Japanese companies.

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Alibaba merilis hasil kuartal pertama untuk periode yang berakhir pada 31 Maret, meleset dari target pendapatan namun menunjukkan ekspansi yang kuat dalam layanan kecerdasan buatan. Perusahaan menyoroti momentum berkelanjutan dalam bisnis cloud mereka yang didorong oleh permintaan AI.

Japanese conglomerate Softbank announced an investment of up to 75 billion euros in artificial intelligence-related data centers in France. The announcement came on the eve of the Choose France summit held in Versailles.

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Sejumlah perusahaan AS mulai mengadopsi model AI DeepSeek asal Tiongkok seiring meningkatnya pengeluaran untuk perangkat lunak dari Silicon Valley. Tren ini terlihat pada data pengeluaran perusahaan dari Ramp, meskipun adopsinya masih terbatas dibandingkan dengan OpenAI dan Anthropic.

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