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Softbank’s 40% fall from peak shows worry on OpenAI bet
Mint New Delhi
|November 27, 2025
Growing unease over frothy artificial intelligence (AI) valuations is weighing on shares of SoftBank Group Corp.
SoftBank's founder Masayoshi Son prepares to double down on OpenAI and the infrastructure that supports it.
(AFP)
, which traders increasingly view as a proxy for privately-held Openal.The Japanese tech investor sits at the forefront of a global AI selloff amid worries of new pressure on OpenAl following Alphabet Inc.'s Gemini 3.0 debut. SoftBank shares have plunged around 40% since late October, erasing over ¥16 trillion ($102 billion) in market value, as its founder Masayoshi Son prepares to double down on OpenAl and the infrastructure that supports it.
SoftBank has ridden the global AI investment boom faster than any other Japanese company. Its exposure to OpenAl—and a $14.6 billion gain on that stake—helped it post a surprise ¥2.5 trillion net income in fiscal second quarter, putting it on track for one of its highest annual profits.
This story is from the November 27, 2025 edition of Mint New Delhi.
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