Japanese tech company SoftBank Group sees profit drop despite AI investments

Japanese tech company SoftBank Group sees profit drop despite AI investments

TOKYO (AP) — Technology investor SoftBank Group Corp. reported Thursday an 18% drop in fiscal first quarter profit, as higher costs offset its investment gains. SoftBank Group, which invests aggressively in artificial intelligence, energy and robotics, recorded a 347.3 billion yen ($2.2 billion) pr...

Redirecting to full article...