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Masayoshi Son

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 projects, according to people familiar with the matter

SoftBank chief Son explores debt-heavy financing for $500 billion AI push
Updated On : 11 Feb 2025 | 8:30 AM IST

SoftBank, OpenAI set up joint company to push AI services in Japan

Japanese technology giant SoftBank Group and OpenAI stepped up their AI partnership Monday, setting up a 50-50 held company called SB OpenAI Japan. SoftBank Chief Masayoshi Son and OpenAI Chief Sam Altman appeared at an event in Tokyo, talking up their collaboration and inviting Japanese companies to join. Son, holding a shiny blue crystal ball as a symbolic prop, said its AI service Cristal could be used by companies for planning, marketing, emails and figuring out old source codes. Cristal will first roll out in Son's own SoftBank Group companies, which include Arm, a semiconductor and software company, and PayPay, an electronic payment service. SoftBank said it plans to spend $3 billion a year to integrate Cristal across its companies. This will be super-intelligence for the company. I'm so excited, Son told reporters and other participants at the Transforming Business through AI event. Altman talked about the just announced deep research, which allows ChatGPT to carry out more

SoftBank, OpenAI set up joint company to push AI services in Japan
Updated On : 03 Feb 2025 | 1:50 PM IST

OpenAI seeks $40 billion in fresh funding as DeepSeek disrupts AI market

The development follows concerns sparked by Chinese AI startup DeepSeek, which recently introduced a highly advanced chatbot at a significantly lower cost than its American rivals, unsettling the mark

OpenAI seeks $40 billion in fresh funding as DeepSeek disrupts AI market
Updated On : 31 Jan 2025 | 9:50 AM IST

SoftBank CEO Son ask Indian entrepreneurs to have exponential mindset

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 CEO Son ask Indian entrepreneurs to have exponential mindset
Updated On : 27 Nov 2024 | 10:14 PM IST

Tech investor SoftBank buys back $3.4 billion shares to bolster stock price

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

Tech investor SoftBank buys back $3.4 billion shares to bolster stock price
Updated On : 07 Aug 2024 | 3:04 PM IST

After a dry spell, SoftBank rides the AI wave to power India story

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

After a dry spell, SoftBank rides the AI wave to power India story
Updated On : 19 Feb 2024 | 11:27 PM IST

Masayoshi Son adds $4 billion to personal net worth on Arm's 192% rally

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

Masayoshi Son adds $4 billion to personal net worth on Arm's 192% rally
Updated On : 13 Feb 2024 | 11:47 PM IST

Artificial general intelligence will come within 10 yrs: SoftBank CEO Son

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

Artificial general intelligence will come within 10 yrs: SoftBank CEO Son
Updated On : 04 Oct 2023 | 11:05 AM IST

SoftBank left millions on the table to engineer a win for Masayoshi Son

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

SoftBank left millions on the table to engineer a win for Masayoshi Son
Updated On : 15 Sep 2023 | 11:49 PM IST

After 'crying for days', Son to shift to offence mode in AI investments

The billionaire is ending years of dormancy after his Vision Fund

After 'crying for days', Son to shift to offence mode in AI investments
Updated On : 21 Jun 2023 | 11:32 PM IST

Son owes SoftBank $5.2 bn on side deals post losses at Vision Fund unit

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

Son owes SoftBank $5.2 bn on side deals post losses at Vision Fund unit
Updated On : 12 May 2023 | 10:20 AM IST

SoftBank Group founder Masayoshi Son meets startup founders in Delhi

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

SoftBank Group founder Masayoshi Son meets startup founders in Delhi
Updated On : 07 Mar 2023 | 10:05 PM IST

Top headlines: Foxconn eyes second plant, Son invites start-up founders

Business Standard brings you the top headlines at this hour

Top headlines: Foxconn eyes second plant, Son invites start-up founders
Updated On : 07 Mar 2023 | 9:24 AM IST

Masayoshi Son invites start-up founders, CEOs with SoftBank holding

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

Masayoshi Son invites start-up founders, CEOs with SoftBank holding
Updated On : 06 Mar 2023 | 11:22 PM IST

SoftBank CEO Masayoshi to skip earnings call for first time as tech slumps

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

SoftBank CEO Masayoshi to skip earnings call for first time as tech slumps
Updated On : 06 Feb 2023 | 7:36 AM IST

Masayoshi Son's SoftBank buyout would look more like Musk than Dell

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

Masayoshi Son's SoftBank buyout would look more like Musk than Dell
Updated On : 12 Dec 2022 | 8:24 AM IST

SoftBank's Masayoshi Son raises stake, can now block special resolutions

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

SoftBank's Masayoshi Son raises stake, can now block special resolutions
Updated On : 09 Dec 2022 | 12:33 AM IST

SoftBank Vision Fund loses $7.2 billion on back of tech writedowns

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

SoftBank Vision Fund loses $7.2 billion on back of tech writedowns
Updated On : 11 Nov 2022 | 10:15 PM IST

All eyes on Buffett, Son India stakes as Rs 1.15-trillion lock-ups end

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

All eyes on Buffett, Son India stakes as Rs 1.15-trillion lock-ups end
Updated On : 07 Nov 2022 | 10:38 PM IST

Paytm, Nykaa among tech stocks under watch as lock-in period ends

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

Paytm, Nykaa among tech stocks under watch as lock-in period ends
Updated On : 07 Nov 2022 | 2:58 PM IST