SoftBank's (9984) Vision Fund Gains $46 Billion from OpenAI Investment

SoftBank (9984) reported a yearly gain of $46 billion at its Vision Fund, primarily attributed to its investment in OpenAI, which rose significantly in value. The company has invested over $30 billion in OpenAI, realizing gains of $45 billion for the year ended March. In the same timeframe, the Vision Fund gained around $20 billion but faced losses on other investments like Coupang and Klarna. Despite the positive performance, S&P Global Ratings revised SoftBank's outlook to 'negative' due to concerns about its debt load and asset liquidity related to its concentrated investment in OpenAI.