Summary: SoftBank shares surged to a record high after beating Q1 earnings expectations and announcing significant investments in AI, including a $30 billion commitment to OpenAI. The positive results, coupled with market enthusiasm for AI, improved SoftBank’s loan-to-value ratio and contributed to gains in Japan’s Topix index.

Link: https://www.channelnewsasia.com/business/softbank-shares-surge-record-after-optimism-ai-prospects-boosted-q1-earnings-5284331