SoftBank shares slide 13% after report OpenAI may delay IPO to 2027

SoftBank Group (SFTBY) shares fell as much as 13% intraday on Friday after a New York Times report said OpenAI is considering delaying its IPO to 2027. The report prompted investors to reassess how SoftBank’s AI-related holdings may be valued. OpenAI is not publicly listed and has no tradfi ticker, and the report did not mention other traditional assets.

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