SoftBank Group Corp. tumbled to a loss in the December quarter, weighed down by a drop in the value of the Vision Fund’s public holdings, just as Masayoshi Son campaigns to raise $500 billion for the Stargate artificial-intelligence project.

TOKYO: Japanese technology investor SoftBank Group booked a surprising net loss of ¥369.2 billion (US$2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell.

Japanese technology investor SoftBank Group booked a net loss of US$2.4 billion in the October-December quarter as valuations at its Vision Fund investment arm fell. Read more at The Business Times.