Reported 7 days ago
Billionaire investor Masayoshi Son, CEO of Softbank, has invested heavily in AI stocks, notably seeing potential in Nvidia, which he believes is undervalued. His remarks during the Future Investment Initiative highlighted his predictions for artificial general intelligence (AGI) contributing significantly to global GDP in the coming years, and he reiterated Softbank's commitment to the AI sector, including a notable investment in OpenAI. Despite past investment failures, including WeWork, Son's successful ventures like Arm and Alibaba showcase his knack for identifying high-potential opportunities, particularly in tech.
Source: YAHOO