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SoftBank's outlay for AI investments has more than doubled to $8.9B in the 12 months since Masayoshi Son said the firm was ready to go on the “counteroffensive”

Japanese group says it will ‘step up’ artificial intelligence outlays without stretching finances X: @jamesplloyd X: James Lloyd / @jamesplloyd : “From now on, we want to step up investments in AI companies” - SoftBank CFO The comments are brutal, and the Vision Fund's record is mixed at best, but - contrarian take - I tend to think SoftBank is actually well-positioned; especially for H/W plus S/W https://giftarticle.ft.com/...

Financial Times David Keohane

Discussion

  • @jamesplloyd James Lloyd on x
    “From now on, we want to step up investments in AI companies” - SoftBank CFO The comments are brutal, and the Vision Fund's record is mixed at best, but - contrarian take - I tend to think SoftBank is actually well-positioned; especially for H/W plus S/W https://giftarticle.ft.co…
  • r/technology r on reddit
    SoftBank targets $9bn a year in AI investments while hunting bigger deals