Masayoshi Son, SoftBank CEO
SoftBank’s Masayoshi Son is charting a bold course into the AI frontier, seeking up to $100 billion to create a company poised to rival Nvidia in AI chips.
This venture, Bloomberg’s report says is part of Son’s broader vision to elevate artificial general intelligence, signals a significant shift in SoftBank’s strategic focus towards cutting-edge technology.
The initiative, dubbed Izanagi, aims to leverage Middle Eastern investment to kickstart the AI chip project, while also bolstering Arm Holdings, a key player in chip design and a crucial element of SoftBank’s portfolio. The potential creation of an AI-centric company underscores Son’s optimism about technology’s transformative power. SoftBank’s recent profit resurgence and strong cash position bolster the feasibility of this ambitious project, according to The Information.
Son’s strategic pivot to AI chips reflects a calculated bet on the future of technology, with SoftBank’s stock responding positively to the news.
As SoftBank navigates this venture, the tech world watches closely, anticipating the impact on the competitive landscape of AI semiconductors and beyond.
