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Don't remind me again today

SoftBank just dropped its Q2 earnings, and the numbers are wild. Net profit skyrocketed to $16.6 billion—more than double the previous quarter. What's fueling this surge? Their stake in OpenAI.



The AI boom isn't just hype anymore. When major players like SoftBank see their portfolios explode thanks to AI investments, it signals where smart money is flowing. The valuation gains from their OpenAI position basically carried the entire quarter's performance.

This kind of institutional validation matters. While retail chases meme coins, traditional finance giants are quietly stacking positions in foundational AI infrastructure. The gap between narrative and real capital deployment is closing fast.
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MetaverseVagrantvip
· 10h ago
Guess what? Who makes money still depends on good old Elon Musk.
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NFTRegrettervip
· 10h ago
I really didn't expect SoftBank to make so much profit from AI.
View OriginalReply0
ChainPoetvip
· 10h ago
Those who trade ai have all made a fortune, while I am still losing money trading cryptocurrency. It makes me so angry.
View OriginalReply0
ForumMiningMastervip
· 10h ago
AI is really a lucrative business.
View OriginalReply0
RetiredMinervip
· 10h ago
OpenAI is really a money-consuming big shark.
View OriginalReply0
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