Masayoshi Son’s Fortune Drops Nearly $5 Billion Over OpenAI Concerns
2 Articles
2 Articles
SoftBank Group shares fell sharply on Tuesday, wiping about $5 billion off the fortune of its founder and CEO Masayoshi Son. The growing enthusiasm among investors for Google's new artificial intelligence model Gemini 3 has cast doubt on SoftBank Group's big bet on ChatGPT creator OpenAI. SoftBank's shares fell nearly 11% on November 25 before recovering slightly to 15,390 yen ($98.5), down 9.95% from the previous close. As noted, the share pric…
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