SoftBank's Comeback: Making Money Despite Worldwide Uncertainty.
Reading
SoftBank made money this year. They lost money last year, but now they are doing better. The company made a lot of money from its investments.
SoftBank is worried about some things. They are worried about problems between the U.S. and China.
SoftBank works with OpenAI. OpenAI is the company that made ChatGPT. SoftBank wants to invest in new technology like artificial intelligence.
SoftBank is buying a company called Ampere. Ampere makes computer chips for the cloud and AI. The deal will cost SoftBank $6.5 billion.
SoftBank invests in many companies. Some of these companies are Alibaba, T-Mobile and TikTok. They are also planning to make PayPay a public company.
Questions
Did SoftBank make money this year?
Yes, SoftBank made money this year.
What is SoftBank worried about?
SoftBank is worried about problems between the U.S. and China.
What company is SoftBank buying?
SoftBank is buying a company called Ampere.
Discuss
Discuss this article with your AI tutor to practice. Your tutor will help you with vocabulary and grammar.
discuss it with AI at lingolette.com