MW SoftBank says it made $4.2 billion from its OpenAI investment in the last quarter
By Steve Goldstein
SoftBank recorded a $4.2 billion gain on its investment in OpenAI last quarter.
SoftBank, the Japanese tech investor that is aggressively pursuing what it calls "artificial super intelligence," said on Thursday it recorded a $4.2 billion gain in the last quarter on its 11% stake in OpenAI.
The OpenAI valuation surge is a bit circular, as SoftBank itself participated in the October secondary share sale of $6.6 billion where the ChatGPT maker received a $500 billion valuation.
SoftBank (JP:9984) now says it's made $19.8 billion from its investment in OpenAI.
SoftBank says it closed the fiscal third quarter worth 30.9 trillion yen, or $197.6 billion, and says it's now worth 33.1 billion yen as of Wednesday's close.
That implies the stock trades at a 19% discount to net asset value.
Its holdings in ARM $(ARM)$, the microchip designer, account for $12 billion of its valuation. Others in its "late-stage" portfolio include TikTok owner ByteDance, the sports merchandise company Fanatics, and fintech Revolut.
SoftBank is generally considered the purest play on OpenAI, as the value of Microsoft's $(MSFT)$ 27% stake in OpenAI is overshadowed by the software giant's other lines of business.
-Steve Goldstein
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February 12, 2026 04:19 ET (09:19 GMT)
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