Tue, 21-Oct-2025

SoftBank’s Son Targets $100 Billion for AI Chip Venture

SoftBank's Son Targets $100 Billion for AI Chip Venture

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

Tokyo shares close lower after US falls

Tokyo shares

Tokyo shares closed decreased on Wednesday, extending a rout on Wall Street where fears grew over a global economic slowdown. The Nikkei 225 index, which dipped greater than 2% within the morning, ended down 1.17 percent or 313.48 points to stop at 26,386.63, while the wider Topix index fell 0.94 percent, or 17.75 factors, to … Read more