SoftBank to announce 100 billion dollar investment in US AI sector

SoftBank Group CEO Masayoshi Son is expected to make a significant investment of $100 billion in the artificial intelligence sector in the United States. This investment aims to strengthen semiconductor manufacturing and AI development, with the goal of creating 100,000 jobs over the next four years.

The investment will utilize capital from the existing SoftBank Vision Fund as well as new projects, following Son's previous investment strategy in the US in 2016. Son has a long-term vision for artificial superintelligence, focusing on AI chips that can power advanced robotics and data centers to tackle complex challenges, including medical breakthroughs.

SoftBank also plans to raise up to $100 billion for an AI chip venture called Izanagi, which aims to compete with Nvidia Corp. After a period of cautious investment, the company is now signaling a more aggressive strategy, particularly in the AI domain, with CFO Yoshimitsu Goto emphasizing that avoiding risks is the greatest risk of all.

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