--- title: "SoftBank Rakes in $46 Billion Boost at Vision Fund Thanks to Huge OpenAI Stake" type: "News" locale: "en" url: "https://longbridge.com/en/news/286382697.md" description: "SoftBank's Vision Fund reported a $46 billion gain over the past year, driven by its investment in OpenAI, which yielded $45 billion in returns. The fund's performance contrasts with losses in other investments. SoftBank's total commitment to OpenAI exceeds $60 billion, aiming for 13% ownership. Despite the gains, concerns over debt and liquidity led to a negative outlook from S&P Global Ratings. The company has been selling stakes in other assets to manage risks, while maintaining a strong cash position. Overall, SoftBank achieved a net profit of 5 trillion yen for the fiscal year, largely due to the Vision Fund's success." datetime: "2026-05-14T08:25:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286382697.md) - [en](https://longbridge.com/en/news/286382697.md) - [zh-HK](https://longbridge.com/zh-HK/news/286382697.md) --- # SoftBank Rakes in $46 Billion Boost at Vision Fund Thanks to Huge OpenAI Stake SoftBank's Vision Fund reported an eye-popping $46 billion gain over the past year, primarily fueled by the soaring valuation of its investment in OPENAI. The Japanese conglomerate wagered more than $30 billion on the AI startup, with those bets netting a staggering $45 billion in returns through March. In the final quarter alone, the fund gained roughly $20 billion, almost entirely credited to OpenAI's rapid appreciation. Elsewhere, SoftBank posted losses on stakes like CPNG, DIDI, and Klarna, revealing a stark contrast between its AI-heavy bets and other less fortunate positions. This move underscores SoftBank's strategic bet to place itself at the heart of the AI revolution, funneling enormous sums into AI ventures and chip makers, with Sam Altman's OpenAI anchoring its portfolio. The company committed to a total investment north of $60 billion in OpenAI, aiming for about 13% ownership. March marked a milestone when OpenAI completed a funding round co-led by SoftBank, valuing the AI pioneer at an eye-watering $852 billion. All this while OpenAI navigates fierce competition from tech giants like GOOGL and startups such as Anthropic. Despite these gains, the heavy concentration in OpenAI has sparked debate, especially regarding SoftBank's debt and liquidity position. S&P Global Ratings downgraded SoftBank's outlook to negative in March, citing concerns over asset liquidity and portfolio quality due to the massive OpenAI exposure. To manage financial risks, SoftBank has been offloading stakes in major assets like TMUS and NVDA. Proceeds from these sales totaled 218.1 billion yen ($1.4 billion) in the financial year, yet excluding Vision Fund gains, SoftBank's overall investment income showed a loss of 472.1 billion yen. SoftBank's CFO Yoshimitsu Goto emphasized the company's robust cash pile of 3.5 trillion yen, sufficient to cover bond repayments for over two years, highlighting the group's ongoing focus on financial discipline amidst its tech gambles. Altogether, the conglomerate chalked up a net profit of 5 trillion yen for the fiscal year, chiefly propelled by Vision Fund's gains and strength in its telecommunications operations. Whether their bet on OpenAI will continue to pay off remains one of the more compelling storylines in tech investing today. ### Related Stocks - [9984.JP](https://longbridge.com/en/quote/9984.JP.md) - [SFTBY.US](https://longbridge.com/en/quote/SFTBY.US.md) - [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md) - [CPNG.US](https://longbridge.com/en/quote/CPNG.US.md) - [DIDIY.US](https://longbridge.com/en/quote/DIDIY.US.md) - [KLAR.US](https://longbridge.com/en/quote/KLAR.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [TMUS.US](https://longbridge.com/en/quote/TMUS.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [TMUSL.US](https://longbridge.com/en/quote/TMUSL.US.md) - [TMUSZ.US](https://longbridge.com/en/quote/TMUSZ.US.md) - [TMUSI.US](https://longbridge.com/en/quote/TMUSI.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [SoftBank Could Turn OpenAI Into Rocket Fuel For Stargate And Robotics](https://longbridge.com/en/news/286415335.md) - [SoftBank More Than Quadruples Annual Profit on $44 Billion in OpenAI Gains](https://longbridge.com/en/news/286216407.md) - [SoftBank's Huge OpenAI Bet Pays Off With $45 Billion Gain](https://longbridge.com/en/news/286241968.md) - [PREVIEW-SoftBank's OpenAI-related debt in focus as another strong quarter expected](https://longbridge.com/en/news/286027819.md) - [SoftBank records $12 billion fourth quarter profit](https://longbridge.com/en/news/286210887.md)