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SoftBank swings to $7.7B profit in September quarter

  • SoftBank Group Corp reported a profit of 1.2 trillion yen ($7.98 billion) in the September quarter.
  • The profit was driven by successful listings of its portfolio companies.
  • SoftBank's Vision Funds sold investments, including exits from 10 portfolio companies.
  • SoftBank is also exploring AI investments, including a potential $500 million investment in OpenAI.

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