SoftBank Group Corp. $9984.T recently announced its financial results for the fourth fiscal quarter, surprising economists and analysts with a remarkable 124% profit increase. This impressive growth was driven by rising valuations of technology startups, particularly ByteDance Ltd. The company’s success positions it to pursue aggressive investment plans aimed at establishing data centers.

SoftBank Group $SFTBY, the Japanese technology giant, announced a record net loss of ¥369.2 billion (approximately $2.4 billion) for the quarter ending in December 2024. This negative financial outcome is attributed to a significant decline in the valuation of its investment fund, the Vision Fund, which raises new questions about the company's ambitious plans, particularly its substantial investments in artificial intelligence.