Masayoshi Son

Masayoshi Son, who has been a vocal advocate for AI's transformative potential, previously predicted that AI could contribute up to 5% of global economic output by 2035

SoftBank said that over the next year it would buy back up to 6.8% of its own shares, worth as much as 500 billion yen

After a year of quiet, Japanese investor returns to investing with $75-125 million AI push

The pace of increase in his wealth puts the Japanese billionaire in the top 30 gainers among the world's 500 richest people tracked by the Bloomberg Billionaires Index

He also introduced the idea of "Artificial Super Intelligence" at the conference which he claimed would be realised in 20 years and would surpass human intelligence by a factor of 10,000

as he and other top executives met with bankers to plot this week's initial public offering for Arm Holdings Plc, the focus was making sure the sale would go off without a hitch

The billionaire is ending years of dormancy after his Vision Fund

His unrealized losses widened by about $130 million from three months before, with most of the deficit linked to the Latin America fund

Billionaire investor and SoftBank Group Founder Masayoshi Son on Tuesday met founders and CEOs of some prominent startups during his day-long visit to the national capital, according to sources. Masayoshi Son, 65, also attended Oyo Founder Ritesh Agarwal's wedding festivities in the capital. Vijay Shekhar Sharma, Founder and CEO of digital payments platform Paytm, tweeted a photo of himself and the investor while another picture posted by him had various founders in it, including Lenskart CEO Peyush Bansal. "Ultimate joy today, seeing Masa smiling, happy and enjoying his India trip. Everyone of us had tons of gratitude for his belief and support given to our startups," Sharma tweeted. Specific details about Masayoshi Son's India visit were not immediately available, and a message sent to SoftBank Group did not elicit any response. SoftBank has been a prominent and prolific investor in the Indian startup ecosystem, pumping in an estimated USD 15 billion over the years. Some of the

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Those meeting the SoftBank boss in New Delhi will have to go through RT-PCR tests

The founder and chief executive of the world's largest tech investor bade farewell in November to the earnings presentations he's led for decades

Every quarter Masayoshi Son is forced to give metrics he doesn't believe capture the value of his firm. "We are an investment company, we're not engaged in operations," he said in August 2020

Son's stake has grown in percentage terms as a result of a recent series of massive share buybacks, a SoftBank spokesperson said

The Vision Fund segment lost 1.02 trillion yen in July-September, following a 2.33 trillion yen loss in the June quarter. Overall, the Japanese conglomerate logged net income of 3.03 trn in last qtr

While high-profile tech IPOs have met with strong demand from the growing herd of retail investors, market pros have been more neutral on the stocks

Lock-ups end in November for four consumer-focused tech stocks, which have all slumped in the past month

The 65-year-old entrepreneur has raised billions of dollars in cash recently and sees another startup fund as one of several possible priorities for the money

Masayoshi Son holds 17.25% of a vehicle set up under SoftBank's Vision Fund 2 for its unlisted holdings, as well as 17.25% of a unit within its Latin America fund

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