masayoshi son

SoftBank CEO Masayoshi Son: AI Will Drive ‘Evolution of Humanity’
SoftBank CEO Masayoshi Son: AI Will Drive ‘Evolution of Humanity’
June 21, 2024  |  artificial intelligence

Ten years from now, artificial intelligence (AI) will be 10,000 times smarter than humans, SoftBank CEO Masayoshi Son reportedly said Friday (June 21). Speaking during SoftBank’s annual...

READ MORE >
SoftBank Plans to Commit $9 Billion to AI Projects
SoftBank Plans to Commit $9 Billion to AI Projects
May 26, 2024  |  artificial intelligence

Japan’s SoftBank is reportedly planning to invest nearly $9 billion in artificial intelligence (AI). The tech company’s outlay for investments and commitments has more than doubled...

READ MORE >
SoftBank CEO: AI Will Surpass Human Intelligence by 2030
SoftBank CEO: AI Will Surpass Human Intelligence by 2030
October 04, 2023  |  artificial intelligence

The CEO of Japan’s SoftBank says artificial general intelligence is on the cusp of exceeding human knowledge. “Take advantage of it or be left behind,”...

READ MORE >
SoftBank Group Subsidiary Arm Planning IPO
SoftBank Group Subsidiary Arm Planning IPO
May 01, 2023  |  IPO

Semiconductor designer Arm Ltd., a subsidiary of SoftBank Group, is planning an initial public offering (IPO). The organization has confidentially submitted a draft registration on...

READ MORE >
SoftBank Takes $2B Hit In Quarterly Earnings
SoftBank Takes $2B Hit In Quarterly Earnings
February 12, 2020  |  Investments

SoftBank’s quarterly profit dropped 99 percent to ¥2.59 billion (£18.2 million) following steep Vision Fund losses, according to multiple reports on Wednesday (Feb. 12). The Vision...

READ MORE >
SoftBank Could Invest $40B In New Indonesian Capital
SoftBank Could Invest $40B In New Indonesian Capital
January 17, 2020  |  Investments

While no figure has been suggested yet, SoftBank has reportedly offered to invest a maximum of $40 billion in a new capital city Indonesia intends to create...

READ MORE >
SoftBank To Invest In Indonesia’s Sustainable City
SoftBank To Invest In Indonesia’s Sustainable City
January 10, 2020  |  Investments

SoftBank Chief Executive and Founder Masayoshi Son wants to invest in the building of a $34 billion smart capital in Indonesia that would focus on...

READ MORE >
SoftBank Founder Plans To Invest ‘More And More’ Despite WeWork Loss
SoftBank Founder Plans To Invest ‘More And More’ Despite WeWork Loss
December 08, 2019  |  Investments

Alibaba’s Jack Ma warned SoftBank’s Masayoshi Son that having too much money can lead to a “lot of mistakes.” “You don’t make mistakes when you...

READ MORE >
Lawsuit Targets WeWork For Lost Value After Pulled IPO
Lawsuit Targets WeWork For Lost Value After Pulled IPO
November 10, 2019  |  Legal

A lawsuit is being launched by minority shareholders against WeWork, Adam Neumann — its co-founder and former chief executive officer — and the prime investor,...

READ MORE >