SoftBank recorded a $7 billion loss due to the surge in costs of AI
2026-11-10 19:18:17
According to CoinMeta, SoftBank released its quarterly financial report, which showed a loss of $7 billion due to rising costs related to AI. This result fell short of analysts' expectations, as the same period last year saw a profit of $16 billion. The financial report included expenses of $3.7 billion related to the revised US AI data center plan, and at the same time, the financing costs doubled. SoftBank also raised $5 billion through loans secured by ARM shares.
Source:X
This content is for market information only and does not constitute investment advice.
Follow WalletJYS official accounts to stay updated

Hot Articles
Refresh

Dow Jones 1,000-Point Swings: CPI Reversal or Bull Trap?
4h ago

Coinbase Is the exchange safe? How can beginners in 2026 download and register?
11-09 19:09

$TRUMP Hits New Low, Down 30% , Can It Hold?
11-09 16:29

XRP Price Outlook: Can XRP Hit $1.87 in November?
11-06 11:51

What Are the Advantages of RWA? Top 5 Benefits
11-05 17:04



