SoftBank shares surged nearly 20% in early Tokyo trading, boosted by OpenAI's IPO plans and SB Energy's IPO filing.

Odaily Planet Daily News: SoftBank Group's shares surged nearly 20% in early Tokyo trading, boosted by news that OpenAI plans to submit an IPO application. On the same day, SB Energy, a second SoftBank-invested company developing energy infrastructure for data centers, announced it would confidentially file a U.S. IPO registration statement. SoftBank has close capital ties with OpenAI, holding approximately 13% of its shares, with cumulative investments of about $64.6 billion through its Vision Fund. Sources revealed that OpenAI plans to submit its IPO application in the coming weeks, targeting a listing this fall. (Jinshi)