Tech In Depth

Japan’s Biggest Investor Bets on AI Golden Age Led by the US

Masayoshi Son, CEO of SoftBank Group Corp., in the Roosevelt Room of the White House.

Photographer: Aaron Schwartz/Sipa
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Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Min Jeong Lee looks at the foreign member of the coalition of AI enthusiasts backing the $100 billion Project Stargate.

Fake fish alert: EFishery, one of Indonesia’s most prominent startups, is under investigation for allegedly faking much of its sales over several years. A preliminary probe estimates that management inflated revenue by almost $600 million. SoftBank is among its backers.