SoftBank’s Son aims $100B for AI chips, Izanagi, vs Nvidia. $30B SoftBank, potential $70B Middle East investment. Arm pivotal for AI, driving SoftBank’s post-pandemic strategy. SoftBank Group’s Chief Executive Officer, Masayoshi Son, is reportedly aiming to secure up to $100 billion for a cutting-edge chip venture that will compete with Nvidia Corp, according to sources … Read more
UK has “received a strong love call” from SoftBank about listing Arm, says Son. But no decision has been made and Son is meeting specialists to see what is best for Arm. Lord Gerry Grimstone, has travelled to Tokyo and met with key SoftBank officials. Masayoshi Son, the billionaire founder of SoftBank, stated that Nasdaq … Read more
Japanese investment large SoftBank Group on Thursday logged a reported annual internet loss after a bruising year that noticed its assets hit through a US tech share rout and a regulatory crackdown in China. SoftBank’s massive stakes in international tech giants and volatile new ventures have made for unpredictable earnings, and the state-of-the-art tumble comes … Read more
