The Gabelli Global Content & Connectivity Fund on SoftBank Group Corp.
Thesis
SoftBank provides broad exposure to artificial intelligence, robotics, and technology through listed and private holdings. Its investment in OpenAI materially increases direct exposure to one of the leading AI platforms, while Arm and other holdings provide additional AI optionality. Gabelli's thesis is therefore tied to the value creation potential of SoftBank's technology portfolio and capital allocation.
“SoftBank's aggregate ownership interest in OpenAI will rise to 13%.”