Tag - masayoshi-son

 
 

MASAYOSHI SON

U.S. President-elect Donald Trump embraces SoftBank chief Masayoshi Son at Trump's Mar-a-Lago club in Palm Beach, Florida, on Monday.
BUSINESS / Companies
Dec 17, 2024
SoftBank pledges $100 billion U.S. investment at Trump event
SoftBank chief Masayoshi Son’s announcement this time marks the highest-profile commitment by a company to expand investment in the U.S. since Trump’s election win.
SoftBank chairman Masayoshi Son (right) and Jensen Huang, co-founder and chief executive officer of Nvidia, take part in a fireside chat at the Nvidia AI Summit Japan in Tokyo on Wednesday.
COMMENTARY
Nov 19, 2024
Masayoshi Son is trying to make up for past mistakes
SoftBank, once Nvidia’s top shareholder, dumped its stake — oops! — before the chipmaker became one of the most valuable companies in the world.
Masayoshi Son (front, center) poses with the members of the Fukuoka SoftBank Hawks after the team won the Pacific League championship at Kyocera Dome Osaka on Sept. 23.
JAPAN / Society / Regional Voices: Kyushu
Nov 18, 2024
Masayoshi Son’s aim for SoftBank Hawks remains, 20 years after buyout
This year, the team became Pacific League champions for the first time in four years. But its owner has loftier goals.
Tech entrepreneur, investor and philanthropist Masayoshi Son made his fortune by becoming a bridge between California's technology culture and Japan.
COMMENTARY
Oct 31, 2024
Masayoshi Son may be the oddest of the oddball billionaires
Masayoshi Son made his fortune by becoming a bridge between Californian tech culture and Japan.
Masayoshi Son last month invested $500 million in OpenAI through his Vision Fund, having missed out on the AI company’s previous funding rounds.
COMMENTARY / Japan
Oct 30, 2024
Masayoshi Son inflates the AI bubble even more
Masayoshi Son last month invested $500 million in OpenAI through his Vision Fund, having missed out on the AI company’s previous funding rounds.
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the SoftBank World event in Tokyo on Thursday.
BUSINESS / Companies
Oct 3, 2024
SoftBank’s Son envisions AI running households in the next few years
Masayoshi Son's rosy view of AI's potential often comes with a warning to skeptics that they may be left behind if they do not embrace the technology.
SoftBank Group CEO Masayoshi Son is preparing a big artificial intelligence bet.
BUSINESS / Companies
Aug 6, 2024
SoftBank to log slim profit ahead of Masayoshi Son’s next AI bet
Emerging from a month of sharp selloffs, the investment firm is expected to report a net income of ¥1 billion for the June quarter.
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the company's annual general meeting in Tokyo last Friday.
BUSINESS / Companies
Jun 27, 2024
SoftBank to back AI startup Perplexity at $3 billion valuation
SoftBank will invest between $10 million and $20 million in the firm, which aims to use AI to compete with Alphabet’s Google search.
Softbank Group CEO Masayoshi Son speaks during the annual general shareholders' meeting in Tokyo on Friday.
BUSINESS / Companies
Jun 21, 2024
SoftBank’s Son aims to create ‘super’ AI in new investment drive
He envisions a future when Arm Holdings chips support an ecosystem of technology that can collectively cure cancer, clean houses and play with children.
SoftBank Group founder Masayoshi Son says the conglomerate is ready to make its next big move, without fear of whether that’ll be a hit or miss.
BUSINESS / Companies
Jun 20, 2024
After losses, SoftBank’s Masayoshi Son says he's ready for his next big bet
The billionaire has warned that his next big endeavor could be a big hit or a bad flop — but that SoftBank has no choice but to try.
SoftBank is regaining its footing just as founder Masayoshi Son readies sizable investments in artificial intelligence and semiconductors.
BUSINESS / Companies
May 13, 2024
SoftBank to get more aggressive on AI after profit and asset sales
The company earned a better-than-expected net income in the March quarter, helped by investment gains.
SoftBank Group CEO Masayoshi Son in 2019. Son is said to be selling off assets from the Vision Fund’s portfolio as he prepares for possible forays into AI and related hardware.
BUSINESS / Companies
May 10, 2024
SoftBank's Vision Fund lightens asset load as Son pivots to AI and chips
Son has moved on to new obsessions, inspired in part by the success of Arm — which has soared in value to around $106 billion since its market debut.
When SoftBank Group founder Masayoshi Son bought Arm in 2016 for $32 billion, he had grand plans for the company to dominate the nascent market for connected devices, also known as the Internet of Things.
COMMENTARY / Japan
Feb 21, 2024
Softbank’s Arm is not the AI play most people think it is
Today, GPUs are the gold standard for AI development and thus the equivalent of toilet paper during the pandemic.
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the SoftBank World event in Tokyo in October.
BUSINESS / Tech
Feb 17, 2024
Masayoshi Son aims to launch a $100 billion AI chip venture
The SoftBank Group founder is looking to create a chip venture to compete with Nvidia and supply semiconductors essential for AI.
Masayoshi Son, chairman and chief executive officer of SoftBank Group. One of SoftBank's primary objectives will be to harvest returns from its huge portfolio rather than priming unprofitable startups for growth.
BUSINESS / Companies
Feb 14, 2024
SoftBank’s Vision Fund swaps splashy bets for ‘timid’ investing
As other tech investors have heaped money into new artificial intelligence firms, Vision Fund has stayed out of the fray.
SoftBank CEO Masayoshi Son speaks at the SoftBank World 2023 corporate conference in Tokyo on Oct. 4.
BUSINESS / Tech
Dec 31, 2023
Will generative AI speed up Japan's digital transformation?
An initially cautious attitude has given way to wider acceptance in the public and private sectors, providing a boost to digitalization efforts.
SoftBank Group booked a ¥789 billion quarterly loss as it took a hit from the bankruptcy of WeWork.
BUSINESS / Companies
Nov 9, 2023
SoftBank books ¥789 billion quarterly loss
SoftBank's loss marks its fourth straight quarter in the red as the tech giant struggles amid a weak yen.
SoftBank Group Chairman and Chief Executive Officer Masayoshi Son. Son's trust in his own intuition may have made him unwilling to heed red flags and opposition from his advisers regarding investments in WeWork.
BUSINESS / Companies
Nov 8, 2023
WeWork saga cost Masayoshi Son $11.5 billion and his credibility
WeWork's bankruptcy filing caps a yearslong saga that revealed breathtaking flaws in the Japanese billionaire's investment style.
The PayPay app now seeks to keep its pace of double-digit growth with help from other SoftBank portfolio companies.
BUSINESS / Tech
Oct 5, 2023
SoftBank’s PayPay app showcases Masayoshi Son’s clout in Japan
Seen to be next in SoftBank’s initial public offering pipeline, the startup now holds two-thirds’ share in QR-code payments in Japan.
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the SoftBank World event in Tokyo on Wednesday.
BUSINESS / Companies
Oct 4, 2023
SoftBank’s Son tells Japan: Adopt AI or get left behind again
Japan, which largely missed the initial wave of growth from the internet, can’t afford to lose another three decades, SoftBank founder Masayoshi Son said.

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