masayoshi son

Japanese tech giant SoftBank is set to invest a colossal €75 billion in France for AI data centers, marking its largest European AI infrastructure commitment. This ambitious plan, driven by personal diplomacy with President Macron, aims to deliver 5 gigawatts of computing power, bolstering France's tech ambitions and SoftBank's global AI expansion.

Facing growing local opposition to its massive data centers, OpenAI has created a new 'community engagement lead' role. This position aims to foster dialogue and address concerns regarding water usage, electricity costs, and quality of life in areas slated for Stargate project development. The company seeks to build trust and integrate community priorities into its expansion plans.

Google is establishing its first AI campus outside the UK in South Korea by year-end, fostering collaboration with local startups and engineers. This move, following a meeting between Google DeepMind CEO Demis Hassabis and President Lee Jae Myung, aims to bolster Korea's AI ambitions, including its "K-Moonshot" project. The initiative echoes the impact of AlphaGo's historic win a decade ago.

Arm CEO Rene Haas is poised for a significant dual role, potentially leading a major part of SoftBank's international operations. This move aims to accelerate SoftBank's ambitious AI and semiconductor manufacturing plans, including the 'Project Izanagi' chip strategy. Haas's new position would place him as a key lieutenant to founder masayoshi son, focusing on tech infrastructure and AI development.

Prime Minister Narendra Modi and SoftBank Group founder masayoshi son met on Monday to discuss more investments by the country's biggest tech backer, as a startup boom appears to cool in India amid worries about the global economy.

The founder of SoftBank Group Corp added about 1.65 trillion yen ($15 billion) to the market value of his company on Thursday — by unveiling a plan to buy back shares worth about a third of that amount. The value of Son’s stock in SoftBank rose by about $4 billion on Thursday.

Betting on India emerging bigger than China, Japan's SoftBank on Saturday said it has invested %2 billion in Indian firms in the last one year and will look to scale up the investment to $10 billion in the coming year.

SoftBank is investing a colossal $500 billion into a single AI data center campus in Ohio, potentially the largest construction project in US history. Part of the 'Stargate' venture, this massive facility aims to power millions of homes and is seen as crucial in the AI race with China. Initial costs are estimated between $30-40 billion.

SoftBank is heavily investing in OpenAI, with planned investments of $33.2 billion, as CEO masayoshi son envisions OpenAI becoming the world's most valuable company and a leader in artificial superintelligence. Despite Microsoft's changing relationship with OpenAI, SoftBank remains committed to supporting the AI firm's growth and its role in SoftBank's vision for the future.

TOKYO: Prime Minister Narendra Modi on Monday met Softbank Corporation founder and CEO masayoshi son to discuss the Japanese investment firm's future participation in Indian technology, energy, finance and R&D sectors.

Union Minister Piyush Goyal praised SoftBank CEO masayoshi son for his commitment to Indian innovation and entrepreneurship, emphasizing India's growing appeal as a global investment destination. Goyal projected India's combined goods and services exports to surpass $800 billion in the fiscal year 2024-25, despite various geopolitical challenges.

SoftBank is the biggest foreign investor in India’s startup ecosystem, the Japanese conglomerate’s founder and CEO masayoshi son said on Friday at the Infinity Forum, a thought leadership forum on fintech.

Telecom giant SoftBank has pledged an investment of $10 billion (over Rs 60,000 crore) in India's IT and communications space, one of the biggest investment commitments from a Japanese firm after Prime Minister Narendra Modi's visit to that country.

New Delhi, May 10 () Japanese telecom giant SoftBank today said its investee companies in India -- Snapdeal, Oyo Rooms, Ola and Hike -- saw good traction even though its own profits dropped 27 per cent for the fiscal ended March. SoftBank's sales for 2015-16 totalled 9.

At Nvidia's AI Summit in Japan, SoftBank announced its plan to build Japan's most powerful AI supercomputer using Nvidia's DGX B200 product. Nvidia CEO Jensen Huang and Softbank founder masayoshi son reminisced about SoftBank's early investment in Nvidia, with Huang expressing regret for declining Son's offer to fund a complete acquisition of Nvidia.

SoftBank Group Corp CEO masayoshi son said on Wednesday share buybacks remain an option, amid a slide in the conglomerate's shares. "Buybacks are always on my mind as an important option but when and how big requires balanced thinking," Son said at SoftBank's annual shareholders' meeting, adding that the group also needs to consider alternative uses of its capital.

SoftBank's massive "all-in" bet on OpenAI, backed by aggressive divestments including Nvidia, is reportedly causing significant financial strain. The Japanese tech giant's shares have plummeted, its credit outlook downgraded, and it's seeking bridge loans. This AI investment is also impacting partners like Oracle, whose stock has tumbled amid concerns over data center costs and reliance on OpenAI.