SoftBank Group shares lose steam as investors have qualms on big OpenAI bet

TOKYO -- As a major investor in ChatGPT developer OpenAI, SoftBank Group was thought to be at the forefront of the artificial intelligence boom. But in recent months, that relationship has become its Achilles' heel, leaving Masayoshi Son's conglomerate struggling to keep up with both the global tech sector and Japanese equities lifted by the "Takaichi trade."