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SoftBank Group CEO Masayoshi Son is reportedly seeking to borrow USD 16 billion to finance artificial intelligence investments, with discussions held with banks last week. The company may also secure an additional USD 8 billion in early 2026 as part of its ongoing AI expansion efforts.
SoftBank Group CEO Masayoshi Son is reportedly planning to borrow $16 billion to invest in AI, with an additional $8 billion potentially by early 2026. The company is significantly increasing its AI investments, including discussions to invest up to $25 billion in OpenAI and a previous $15 billion commitment to a joint venture with Oracle and OpenAI.
UK semiconductor firm Arm Holdings Plc is set to establish a base in Malaysia, following discussions between its CEO and SoftBank's Masayoshi Son. Prime Minister Anwar Ibrahim highlighted Malaysia's political stability as a key factor in attracting this investment, while also noting the need for a skilled workforce to meet industry demands.
Warren Buffett's increased investment in Japan's trading houses offers a rare boost for Prime Minister Shigeru Ishiba's struggling government, yet it highlights a lack of broader economic reforms. While Buffett opts for established conglomerates, SoftBank's Masayoshi Son champions disruptive tech investments, underscoring Japan's need for a vibrant startup ecosystem. Without significant policy changes to attract more foreign capital, the potential for transformative growth remains unfulfilled.
Crypto.com has launched a sports event trading product across all 50 states, despite the Commodity Futures Trading Commission's request to suspend its sports markets. This move, alongside Kalshi's similar offerings, tests the regulatory boundaries of online prediction markets amid a changing political landscape. Meanwhile, Elon Musk faces backlash for criticizing a project backed by Trump, while former CNN anchor Don Lemon expands his lawsuit against Musk and X, alleging defamation and breach of contract.
A California federal court hearing is scheduled for February regarding the merger between Paramount Global and Skydance Media, which faces regulatory challenges. Meanwhile, Elon Musk's criticism of the $500 billion Stargate AI project has angered Trump aides, leading to speculation about a rift between Musk and Trump, especially given Musk's rivalry with OpenAI CEO Sam Altman. Trump downplayed Musk's skepticism, attributing it to personal animosity, while the White House emphasized the project's potential for job creation.
Trump staffers are reportedly upset with Elon Musk for criticizing the $500 billion Stargate Project on social media, questioning its financial backing. While Trump downplayed any personal annoyance, Musk's comments sparked a heated exchange with OpenAI CEO Sam Altman and Microsoft CEO Satya Nadella, who defended the project's viability. Musk, now a senior White House advisor, is also set to lead a new initiative aimed at cutting government spending.
President Trump dismissed Elon Musk's criticism regarding a $500 billion AI project, asserting that Musk's doubts stem from personal animosity towards one of the project's key figures. Trump expressed confidence in the financial backing from wealthy investors involved, despite Musk's claims of insufficient funding. An adviser speculated that this disagreement could signal a rift between Trump and Musk, who is currently leading a government efficiency initiative.
Elon Musk publicly criticized President Trump's $500 billion AI initiative, Stargate, questioning the financial backing from partners like SoftBank, OpenAI, and Oracle. Tensions escalated between Musk and OpenAI's CEO, Sam Altman, as they exchanged barbs over the project's implications and loyalty to Trump. The internal conflicts highlight the challenges of integrating tech leaders into the Trump administration, with concerns about Musk's competing interests in the AI sector.
Elon Musk criticized the Trump-backed $500 billion AI project, Stargate, claiming key investors like SoftBank lack sufficient funds. Musk's comments sparked a feud with OpenAI CEO Sam Altman, who defended the initiative, emphasizing its potential benefits for the U.S. economy. The project, which includes contributions from Oracle and Abu Dhabi's MGX, aims to establish a significant AI infrastructure in the U.S., starting with a data center in Texas.
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SoftBank plans to borrow 16 billion dollars for AI investments
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