SoftBank, a major tech company in Japan, has turned its fortunes around, reporting a $7.7 billion profit.
This is due to their successful investments in AI and a recent surge in IPOs (Initial Public Offerings).
SoftBank's Vision Funds made significant gains from companies like Didi Chuxing and Revolut.
The company is now focused on even bigger investments in AI, hoping to become a leader in this rapidly growing field.
