In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, Masayoshi Son was stewing. After declaring for years the imminent arrival of the artificial-intelligence revolution,
SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after SpaceX.
Two years ago, global tech investor Masayoshi Son was at a low point. The SoftBank Group CEO had missed out on the generative artificial revolution taking place, even after flooding the tech market with over $130 billion of investment into startups and other companies.
The SoftBank boss could throw another $25 billion into the artificial intelligence company, according to a Financial Times report on Thursday. Click to read.
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
OpenAI CEO Sam Altman, Oracle founder Larry Ellison and SoftBank CEO Masayoshi Son comment on President Trump’s Stargate AI investment project in an interview with FOX News anchor Bret Baier on ‘Special Report.
Masayoshi Son, the billionaire founder and CEO of SoftBank, the Japanese media technology conglomerate, is often cast as a dreamer, financial engineer, and speculator. But his career — which has spanned the launch of the personal computer and internet,
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker's largest financial backer, according to initial reporting from the Financial Times on Wednesday evening.
Elon Musk “very much” overstepped his bounds when he criticized a $500 billion artificial intelligence project touted by President Donald Trump, according to a White House official as aides are reportedly “furious” with the tech mogul while allies lament that he “abused the proximity to the president.”
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.
Shares of SoftBank Group Corp. jumped as much as 8.1% after US President Donald Trump announced a multi-billion dollar push by the Japanese company, OpenAI and Oracle Corp. to build AI infrastructure in the US.