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SoftBank posts loss, with a cumulative loss of $6.3B in its Vision Fund business

techcrunch.com

34 points by ykm 2 years ago · 7 comments

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RcouF1uZ4gsC 2 years ago

> For your piece, the Vision Funds actually posted a GAIN for the quarter of $0.8 billion, including shared assets such as its ARM holdings.

Is this ChatGPT? The “For your piece” seems so weird in a human written work.

  • shubik22 2 years ago

    Yep, very odd, my guess would be this was sent to the reporter by their comms contact at Softbank and they literally copy/pasted it.

    For context, here’s the full paragraph. The positive framing (“a GAIN”, and “significantly less…”) makes me think this came from someone spinning on Softbank’s behalf.

    > For your piece, the Vision Funds actually posted a GAIN for the quarter of $0.8 billion, including shared assets such as its ARM holdings. Stripping out shared assets, SoftBank’s Vision Fund 1 and 2 and its Latin American fund together posted a quarterly investment loss of 13 billion yen ($91 million) — significantly less than the 2,919 billion yen loss a year ago ($20 billion).

  • AndrewKemendo 2 years ago

    Yeah I noticed that too. Given how often corporate writes these articles for editors I wouldn’t be surprised if someone copy pasted and then forgot that edit.

    Feels like a submarine accidentally surfaced

  • fnordpiglet 2 years ago

    Yeah I noticed that. Unlike others that think it was material handed to the author by corporate relations, I agree with your assessment. It’s an AI artifact.

  • benzin 2 years ago

    Seen and confirmed (before the author removes it - if they care to)

snvzz 2 years ago

https://archive.is/4IAZc

snvzz 2 years ago

Got to IPO ARM before the riffraff realizes RISC-V is inevitable.

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