Loss-making SoftBank ready for counteroffensive with AI, CEO says
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2 comments
From the article:
> Son said the Japanese investment and technology giant is now ready to tap into 5 trillion yen ($35 billion) of cash reserves
> Son said Arm Ltd., SoftBank’s British subsidiary that designs chips for various products from smartphones to cars worldwide, will play a key role in “the AI revolution” that is about to occur.
> Son said he is currently focusing on coming up with various business ideas for utilizing AI, although he did not reveal specific details
> Son said he does not want to retire soon because he is “so excited” at the prospect of AI.
Thanks to NVIDIA I think .