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 valued the world’s leading generative-AI model-maker at $157bn. Though the deal went ahead under Donald Trump, Mr Son called his misreading of the regulators “one of the biggest mistakes of my life". SoftBank’s $100bn Vision Fund, the biggest in VC history and stuffed with money from the Gulf, went shopping in the late 2010s when valuations of startups like WeWork were especially frothy.

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History of this topic

Masa Son is promising a massive investment in Trump’s America. Don’t hold your breath
6 days, 19 hours 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, SoftBank CEO Masayoshi Son announce $100bn US investment
1 week 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 …

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 …

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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