SoftBank Expected to Post Small Profit, Weighed Down by Past Investments as Son Eyes AI Push

Despite past investment setbacks impacting SoftBank, the company is poised to announce a modest profit. This comes as CEO Masayoshi Son prepares for a significant investment in AI. While the company`s stock experienced a record drop, it has since partially recovered. However, the downturn highlights concerns about the timeline for AI profitability and could impact SoftBank`s ability to secure funding for future endeavors, including Son`s ambitious plan to invest heavily in AI-related chips. Despite this, the recent successful IPO of Arm Holdings, a company central to Son`s AI strategy, provides SoftBank with substantial capital for future investments.