SoftBank’s Son Goes Back on Offense to Cement His Tech Legacy
- Japanese tech investor now has the cash to bet on AI, Son says
- Chip design unit Arm on cusp of ‘explosive’ growth, CEO says
This article is for subscribers only.
SoftBank Group Corp. founder Masayoshi Son declared in an emotional meeting with investors that he will go back on the offensive in tech investing soon, seeking to establish his credentials in the burgeoning field of artificial intelligence.
The billionaire is ending years of dormancy after his Vision Fund, the world’s largest pool of tech capital, racked up billions of dollars of losses as a Covid-era internet boom withered and a global economic downturn sapped valuations.