Softbank Shares Plunge 37% in a Month Amid OpenAI Investment Fears

Softbank Shares Plunge 37% in a Month Amid OpenAI Investment Fears

In recent weeks, SoftBank Group has witnessed a dramatic drop in its stock value. Softbank shares fell as much as 40 % from recent peaks, reflecting mounting investor concern about the company’s heavy exposure to AI investments, especially its large bet on OpenAI. This steep slide has erased tens of billions of dollars in market capitalization….