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'Born to do this': Masayoshi Son's SoftBank to invest $1.5 billion into OpenAI

SoftBank is planning to buy $1.5 billion worth of OpenAI stock as 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(Reuters)
Updated on Nov 28, 2024 03:29 PM IST

SoftBank CEO rues dumping Nvidia stake, pretends to cry as he hugs Jensen Huang

Jensen Huang and Masayoshi Son drew laughter from the audience of an AI summit as they joked about how SoftBank was once Nvidia's largest shareholder

Jensen Huang, CEO of Nvidia, left, and Masayoshi Son, chairman and chief executive officer of SoftBank Group, during a fireside chat at the Nvidia AI Summit Japan.(Bloomberg)
Published on Nov 13, 2024 03:16 PM IST

SoftBank CEO inflates AI bubble; He once threatened to set himself on fire for…

Masayoshi Son is a man of extremes with his $20 million bet on Alibaba becoming the most successful of all time when it grew to over $70 billion after a decade

So unusual is Masayoshi Son — known as “Masa” — that he is now the subject of two books, one by former Financial Times editor Lionel Barber and another by Alok Sama, a former president of Son’s telecommunications and technology giant Softbank Group International(Reuters)
Updated on Oct 27, 2024 01:09 PM IST
Bloomberg |

SoftBank to invest $500 million in Sam Altman's OpenAI: Report

SoftBank Vision Fund is set to invest $500 million in OpenAI, which is aiming to raise $6.5 billion. This funding round comes amid executive changes at OpenAI.

OpenAI is reportedly in talks to secure $6.5 billion in funding, with SoftBank's Vision Fund planning a $500 million investment. This round, which includes Thrive Capital and Microsoft, comes during a tumultuous period for OpenAI, marked by executive departures and potential restructuring.(Reuters)
Published on Sep 30, 2024 08:23 PM IST
Bloomberg |

SoftBank scraps AI chips tie-up plan with Intel: Report

The partnership did not materialize after the US chipmaker struggled to meet SoftBank's requirements.

The logo of SoftBank Corp. is seen at its shop in Tokyo.(AP)
Published on Aug 15, 2024 10:24 AM IST
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