SoftBank’s 40% Slide From Peak Shows Worry Over Giant OpenAI Bet
NegativeArtificial Intelligence

- SoftBank Group Corp. has experienced a significant 40% decline in its stock value from its peak, reflecting growing concerns among investors regarding the high valuations associated with artificial intelligence, particularly in relation to its substantial investment in OpenAI.
- This downturn is critical for SoftBank as it positions itself as a key player in the AI sector, with its fortunes increasingly tied to OpenAI's performance and market perception, raising questions about the sustainability of such high valuations.
- The situation highlights broader anxieties in the tech market, where investor sentiment is increasingly cautious due to fears of an AI bubble, compounded by recent violent threats against OpenAI employees and competitive pressures from tech giants like Google, which could impact OpenAI's future prospects.
— via World Pulse Now AI Editorial System






