masayoshi son

SoftBank founder masayoshi son expressed strong confidence in the company's investment in OpenAI, believing it will be "very successful." This comes as SoftBank exits its Nvidia stake to focus on AI infrastructure, including a significant €75 billion investment plan in France. Son predicts the AI revolution will be "50 times bigger than dot-com," viewing market corrections as investment opportunities.

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.

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.

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.

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.

As masayoshi son, founder of Japanese telecom and internet giant SoftBank reinvents his 35-year-old company, India is at the centre stage of his plans. Masa, 58, known to have seen several highs and the lowest lows in his more than three-decade long career, is betting on young, local entrepreneurs as he seeks to make Softbank truly global. Along with his lieutenant Nikesh Arora, SoftBank’s president & COO, Son sat down with Samidha Sharma to speak about why India excites him, the huge potential of the domestic market and why local founders have an edge over their global rivals

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.

The Vision Fund recovery is likely to be welcome news for investors unnerved by some of SoftBank's recent stumbles, even as overall earnings were tainted by a 132 billion yen ($1.3 billion) hit following bets on technology stocks and derivatives.

Japanese internet and telecommunications giant SoftBank, along with Bharti Enterprises of Sunil Mittal and Taiwanese manufacturing giant Foxconn, will invest $20 billion in solar energy projects in India.

SoftBank founder masayoshi son on Tuesday said its portfolio company Swiggy is expected to deliver “good returns” if the food delivery platform were to go public.

A two-day drop in SoftBank Group Corp. shares has resulted in a $2.5 billion loss for its founder, masayoshi son, following an unexpected interest-rate hike by the Bank of Japan. The company's shares fell 6.7% in morning trading in Tokyo, marking a roughly 13% decline over two days. Despite this setback, Son's fortune remains up by about $3 billion from the $11.3 billion he started with at the beginning of the year, according to the Bloomberg Billionaires Index.

SoftBank is reportedly seeking a massive $40 billion USD loan, its largest ever, to fuel its substantial $30 billion investment in AI firm OpenAI. This move underscores founder masayoshi son's aggressive bet on the company, which now represents a significant portion of SoftBank's assets alongside its stake in Arm Holdings.

New Delhi, Nov 30 () Hector Beverages -- known for Paper Boat brand of drinks -- is taking traditional Indian items like chikki and aam papad to the millenials in a "cool" avatar.