SoftBank Group beats Toyota, becomes Japan's most valuable firm; CEO can thank Sam Altman

SoftBank has surpassed Toyota as Japan's most valuable company, driven by massive investments in AI, particularly in OpenAI. Founder Masayoshi Son's pledge of €75 billion for European AI data centers fueled a significant stock surge. This shift highlights investor confidence moving from traditional manufacturing towards the burgeoning artificial intelligence sector.

By TOI TECH DESK