Reported 8 months ago
SoftBank's founder, Masayoshi Son, signals readiness to make a significant tech investment, hinting at a potential major venture in artificial intelligence. Son emphasizes the need for SoftBank to take risks, despite possible failures, as the conglomerate looks for its next big move. Following setbacks with startup investments, Son is refocusing on AI and semiconductors, aiming to compete with Nvidia and reportedly considering the acquisition of British semiconductor startup Graphcore Ltd. SoftBank has also accumulated a substantial cash reserve and is preparing to expand its renewable power generation to support AI operations.
Source: YAHOO