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Companies

SoftBank Vision Fund's investments hover near $45bn in 2018

Japanese company continued spending despite stock market plunge

SoftBank Group founder and CEO Masayoshi Son. The group's Vision Fund totals about 5 trillion yen, renewing the possibility of the CEO starting a second fund. (Photo by Shinya Sawai)

TOKYO -- Total investments by SoftBank Group's Vision Fund stood at about 5 trillion yen ($45.5 billion) through December 2018, reflecting its bold approach despite a global stock market plunge and as of yet unrealized profits in existing ventures.

Investments in cutting-edge technologies like artificial intelligence surged more than 60% in the October-December quarter.

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