AIWall Street Journalabout 5 hours ago
SoftBank Posts $7 Billion Loss on AI
5 min read
SoftBank Group reports a $7.1 billion net loss for the July to September quarter, its first in nearly two years. A $3.7 billion writedown on US AI data center power equipment caused the biggest hit, though revenue reached $2.22 trillion. CFO Yoshimitsu Goto rejected Elon Musk's default claim.
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