Learn English: SoftBank Sees Big Profits From AI and IPOs (hard)

Japanese tech giant SoftBank has reported a $7.7 billion profit, a huge turnaround from last year's losses.

This success is driven by investments in AI and the revival of the IPO market.

SoftBank's Vision Funds, which invest in both public and private companies, have seen significant gains.

The company is now looking to invest heavily in AI, aiming to capitalize on the growing demand for this technology.