What’s behind Masayoshi Son’s $100 billion pledge to Donald Trump
6 days, 16 hours ago

What’s behind Masayoshi Son’s $100 billion pledge to Donald Trump

Live Mint  

Tech investing heavyweight Masayoshi Son offered a gift to President-elect Donald Trump: a pledge to spend $100 billion on artificial intelligence and related technology in the U.S. “President Trump is a double-down president," he said Monday, standing next to Trump at a Mar-a-Lago press conference—a reference to how his commitment was twice the $50 billion he pledged at a similar event eight years ago. Just as in 2016, the investment pledge that Son attributed to Trump’s election “largely echo what SoftBank had already been planning," Kirk Boodry, an analyst at Astris Advisory, said Tuesday. He called it a “repackaging" of SoftBank’s expected AI push—but one that could prove helpful given the value of having close relations with Trump, he said. But his reputation for managing outside money took a hit after SoftBank’s $100 billion Vision Fund, launched in 2017, became defined by high-profile flops, such as the failed construction startup Katerra, lender Greensill Capital and Zume, which aspired to make pizza with robots.

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History of this topic

Why is tech giant SoftBank investing over $100 billion in the US?
6 days, 18 hours ago

Why is tech giant SoftBank investing over $100 billion in the US?

Associated Press  

BANGKOK — Japanese tycoon Masayoshi Son and President-elect Donald Trump have announced plans for technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United States over the coming four years. Trump said the investments in building artificial intelligence infrastructure would create 100,000 jobs, twice the 50,000 promised when Son pledged $50 billion in U.S. investments …

Softbank to invest $100 bn in US in next 4 years, says CEO Son after meeting Trump
Trending News
1 week ago

Softbank to invest $100 bn in US in next 4 years, says CEO Son after meeting Trump

Firstpost  

Following a meeting with US President-elect Donald Trump, Softbank CEO Masayoshi Son pledged to invest $100 billion in the United States in the next four years Japanese internet and telecommunications giant Softbank will invest $100 billion in the United States over the next four years, said CEO Masayoshi Son. After their meeting at Mar-a-Lago, Florida, on Monday, Son and US …

Masa Son is promising a massive investment in Trump’s America. Don’t hold your breath
1 week ago

Masa Son is promising a massive investment in Trump’s America. Don’t hold your breath

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. ICYMI: On Monday, Japanese investor Masayoshi Son joined Trump to announce a $100 billion investment in US projects over the next four years, with a goal of creating 100,000 new jobs in emerging technologies, including the development of artificial intelligence. In perhaps the most famous example, Trump and Taiwanese …

Donald Trump hails $100 billion SoftBank investment in US—AI, jobs, and growth on the horizon
Top News
1 week ago

Donald Trump hails $100 billion SoftBank investment in US—AI, jobs, and growth on the horizon

Live Mint  

President-elect Donald Trump, joined by SoftBank Group CEO Masayoshi Son, announced on Monday that SoftBank would invest $100 billion in the United States over the next four years. At the announcement event held at Trump’s Mar-a-Lago resort in Palm Beach, Florida, Trump praised Son as a “visionary business leader” and highlighted the investment as a testament to global confidence in …

Trump scores $100 BILLION investment from SoftBank CEO including thousands of AI jobs
1 week ago

Trump scores $100 BILLION investment from SoftBank CEO including thousands of AI jobs

Daily Mail  

President-elect Donald Trump touted a $100 billion investment from Japanese-based SoftBank Group alongside CEO Masayoshi Son at Mar-a-Lago on Monday. The tech CEO announced the creation of 100,000 U.S. jobs in artificial intelligence and related infrastructure Trump pressured Son during the Mar-a-Lago media frenzy, asking him to commit to doubling his commitment to $200 billion, which he signaled he was …

Trump is to announce $100B SoftBank investment in the US
1 week ago

Trump is to announce $100B SoftBank investment in the US

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President-elect Donald Trump will join …

SoftBank to invest $100 billion in US projects over next four years—Donald Trump to make historic reveal
1 week ago

SoftBank to invest $100 billion in US projects over next four years—Donald Trump to make historic reveal

Live Mint  

US President-elect Donald Trump will join SoftBank Group CEO Masayoshi Son at his Florida home on Monday to announce that the company is planning to invest $100 billion in U.S. projects over the next four years. The company's investment portfolio that includes search engine Yahoo, Chinese retailer Alibaba, and artificial intelligence company Nvidia. The announcement will come days after Trump …

Japan’s SoftBank plans to invest $100 billion in US projects over the next four years.
1 week ago

Japan’s SoftBank plans to invest $100 billion in US projects over the next four years.

Associated Press  

PALM BEACH, Fla. — President-elect Donald Trump joined SoftBank Group CEO Masayoshi Son to announce plans by the Japanese company to invest $100 billion in U.S. projects over the next four years. The president-elect said that since his election, people have expressed interest in “coming in with tremendous amounts of money.” The investments by SoftBank, Trump said, are “a monumental …

Trump, SoftBank CEO to announce $100 billion investment in US
Trending News
1 week ago

Trump, SoftBank CEO to announce $100 billion investment in US

Live Mint  

PALM BEACH, Fla.—Donald Trump and SoftBank Group CEO Masayoshi Son are set to jointly announce on Monday that the company is planning to invest $100 billion in U.S. projects over the next four years, according to a person involved in the event, as the president-elect seeks to project enthusiasm over his return to power. The $100 billion is double what …

Donald Trump to announce $100 billion SoftBank investment in US
1 week, 1 day ago

Donald Trump to announce $100 billion SoftBank investment in US

India Today  

PALM BEACH, Fla: President-elect Donald Trump will join SoftBank Group CEO Masayoshi Son at his Florida home on Monday to announce that the Japanese company is planning to invest $100 billion in U.S. projects over the next four years. For example, Foxconn Technology Group, a Taiwan-based company best known for making Apple iPhones, won Trump’s praise by announcing plans in …

Trump, SoftBank CEO Masayoshi Son announce $100bn US investment
1 week, 1 day ago

Trump, SoftBank CEO Masayoshi Son announce $100bn US investment

Al Jazeera  

Son had made a similar pledge in 2016 to spend $50bn over Trump’s four-year term. President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, has announced that SoftBank will invest $100bn in the United States over the next four years in what would be a boost to the domestic economy. In a joint appearance with Son on …

Trump and SoftBank CEO announce the company will invest $100 billion in US projects
1 week, 1 day ago

Trump and SoftBank CEO announce the company will invest $100 billion in US projects

CNN  

CNN — President-elect Donald Trump and SoftBank Group CEO Masayoshi Son announced Monday morning at Mar-a-Lago that the company is expected to invest $100 billion in US projects over the next four years with a goal of creating 100,000 new jobs, according to two people familiar with the announcement. Softbank never made clear how many of the jobs touted in …

Masayoshi Son is back in Silicon Valley—and late to the AI race
1 week, 5 days ago

Masayoshi Son is back in Silicon Valley—and late to the AI race

Live Mint  

Masayoshi Son is a man of contrasting superlatives. In June a re-energised Mr Son told an audience of SoftBank’s shareholders that all his past wagers were “a warm-up for my great dream to realise artificial superintelligence". To get the main act going, on October 2nd SoftBank splurged $500m on a tiny stake in OpenAI, in a $6.6bn funding round that …

'This is what I was born to do': Masayoshi Son's SoftBank to invest another $1.5 billion into OpenAI for AI development
3 weeks, 4 days ago

'This is what I was born to do': Masayoshi Son's SoftBank to invest another $1.5 billion into OpenAI for AI development

Hindustan Times  

SoftBank is planning to buy $1.5 billion worth of OpenAI stock as its CEO Masayoshi Son looks to position the Japanese group as an artificial intelligence leader. SoftBank CEO Masayoshi Son has also publicly expressed admiration for OpenAI co-founder and CEO Sam Altman and said he frequently talks to him Son is doing this with an ambitious AI plan of …

SostBank Vision Fund’s Rajeev Mishra steps down as co-chief of largest-ever VC fund
1 month, 1 week ago

SostBank Vision Fund’s Rajeev Mishra steps down as co-chief of largest-ever VC fund

Live Mint  

Rajeev Misra is formally stepping down as co-chief executive officer of SoftBank Group Corp.’s Vision Fund, bringing to a close a tumultuous tenure at the helm of what had been the largest-ever venture capital fund. Misra was instrumental in helping SoftBank founder Masayoshi Son set up the Vision Fund in 2017, helping him raise nearly $100 billion from Saudi Arabia, …

SoftBank founder Masayoshi Son loses $2.6 billion in two days. Here's why
4 months, 3 weeks ago

SoftBank founder Masayoshi Son loses $2.6 billion in two days. Here's why

Hindustan Times  

SoftBank founder Masayoshi Son's fortune fell by $2.6 billion owing to a two-day wipeout in shares of the company SoftBank Group Corp owing to Bank of Japan’s earlier-than-expected interest-rate hike. Masayoshi Son is up about $2.7 billion from the $11.3 billion at the starting of the year, as per Bloomberg Billionaires Index. Masayoshi Son, CEO of SoftBank, arrives for the …

SoftBank's Masayoshi Son is pivoting to AI and chips: What we know
7 months, 1 week ago

SoftBank's Masayoshi Son is pivoting to AI and chips: What we know

Hindustan Times  

SoftBank Group Corp.’s flagship Vision Fund has quietly sold off or written down billions of dollars’ worth of its publicly-listed holdings in recent years, a sign of founder Masayoshi Son’s shift away from the venture capital deals that were once an obsession and toward strategic investments in semiconductors and artificial intelligence. That figure doesn’t include the sale of the Vision …

WeWork's nosedive costs SoftBank billions, damages Masayoshi Son's credibility
1 year, 1 month ago

WeWork's nosedive costs SoftBank billions, damages Masayoshi Son's credibility

Hindustan Times  

WeWork Inc.’s bankruptcy filing caps a years-long saga that revealed breathtaking flaws in the investment style of Japanese billionaire Masayoshi Son, damaging his professional reputation far beyond the money he lost. Son overrode his lieutenants’ objections and handed WeWork founder Adam Neumann billions of dollars from both SoftBank Group Corp. and the Vision Fund, lifting the co-working office space’s valuation …

SoftBank Emerges as a Big Loser of the Tech Downturn. Again
2 years, 4 months ago

SoftBank Emerges as a Big Loser of the Tech Downturn. Again

Live Mint  

Early last year, Masayoshi Son addressed his staff on a video call. Son and his team plowed $38 billion from SoftBank’s latest giant fund into 183 companies last year, according to SoftBank’s filings. “When he believes something is the future he will literally take everything he has and bet it on that," said Gary Rieschel, who helped lead Mr. Son’s …

China’s tech crackdown hit SoftBank like a blizzard. Masa Son turns to Paytm
3 years, 1 month ago

China’s tech crackdown hit SoftBank like a blizzard. Masa Son turns to Paytm

CNN  

New Delhi CNN Business — SoftBank is stuck in a “big winter snowstorm,” founder and CEO Masayoshi Son said Monday, after a sweeping tech crackdown in China battered some of the Japanese company’s key investments. Son said that the company’s net asset value — which he says is a better indication of the firm’s performance — fell by 6 trillion …

SoftBank CEO Masayoshi Son went big on China. Now he’s pulling back
3 years, 4 months ago

SoftBank CEO Masayoshi Son went big on China. Now he’s pulling back

CNN  

Hong Kong CNN Business — SoftBank CEO Masayoshi Son is cutting back on new investments in China as the country’s private sector continues to face a historic regulatory crackdown. Taking questions from reporters,Son acknowledged that the company was “facing tough challenges when it comes to investments in China.” “That’s true,” he said. Son did not comment on Didi specifically during …

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