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SoftBank posts $2.4 bn loss in Q3 as Vision Fund slips into red
short by Mansi Agarwal / on Wednesday, 12 February, 2025
SoftBank reported a loss of around $2.4 billion in Q3 as valuations of some of its portfolio companies took a hit. The company's tech-focused Vision Fund investments posted a loss of about $2.29 billion after clocking gains for the preceding two quarters. This comes amid the Japanese investment firm increasing its AI investments.
read more at Moneycontrol