The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← SoftBank

Capital · out

deployments — ~$40B OpenAI + Stargate build; historical VF deployment collapsed to ~$300M/qtr (Q4-2022) then re-accelerated into AI; recurring large buybacks

med confidence · as of 2026-07-26 · about SoftBank

Sourced figures 2


the working

Threads 6

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to SoftBank.