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SoftBank, OpenAI and Masayoshi Son

Bloomberg on MSN · 2d

SoftBank Swings to a Loss Ahead of Big AI Bet With OpenAI

SoftBank Group Corp. tumbled to a loss in the December quarter, weighed down by a drop in the value of the Vision Fund’s public holdings, just as Masayoshi Son campaigns to raise $500 billion for the Stargate artificial-intelligence project.

SoftBank's Son back to form with big bets and quarterly loss

Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of e-commerce platform Coupang and other tech companies held by its Vision Fund investment arm.

The Financial Times · 7d

SoftBank’s Masayoshi Son and OpenAI’s Sam Altman bet on AI — and each other

When Masayoshi Son and Sam Altman first met each other in 2017 at SoftBank’s offices in Tokyo, the younger entrepreneur lacked a project large enough to tempt the tech billionaire to get his cheque book out.

3d

SoftBank chief Son explores debt-heavy financing for $500 billion AI push

The Japanese billionaire is looking at a technique called project financing that is sometimes linked with oil and gas ...

9d

Masa Son says AGI will be here even sooner than expected, but don’t get your hopes up

SoftBank chief Masa Son said he now thinks AGI will be here faster than initially thought. What does this mean for ChatGPT?

3don MSNOpinion

Inside SoftBank’s plans for Stargate and OpenAI

Gambling Man’ author Lionel Barber explains how Masayoshi Son went from losing money on WeWork to betting big on AI.

12d

How SoftBank bet and lost billions on WeWork

Masayoshi Masa — founder of Japanese investment company SoftBank — was due to visit the headquarters of WeWork in New York ...

9d

Sam Altman’s Fusion Power Startup Is Eyeing Trump’s $500 Billion AI Play

The OpenAI leader and SoftBank, who are leading the mammoth Stargate effort, have poured hundreds of millions into Helion.

7d

Billionaires Altman and Son bet big on each other

Tech entrepreneur Sam Altman and SoftBank’s Masayoshi Son lead talks over a record deal to make the Japanese investor the ...

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