So check this out, there’s some crazy news coming out of SoftBank. They’re on the hunt for some serious deals in the world of artificial intelligence, AI for short. According to the Financial Times, they might even be looking at investing in OpenAI. Now, if you’ve been living under a rock and don’t know who SoftBank is, they’re a big-time tech investment company led by none other than Masayoshi Son. This dude is ready to drop some serious cash, we’re talking tens of billions of dollars, into the AI game.
And get this, Son has been talking about shifting their whole strategy to “offence mode” when it comes to AI. He’s pumped about all the progress and advancements happening in the field. In fact, he’s a self-proclaimed “heavy user” of ChatGPT, this chatbot powered by AI from OpenAI, and apparently, he’s chatting it up with OpenAI’s CEO, Sam Altman, almost every day. Talk about being all in!
But here’s the kicker, SoftBank has got their eyes on other AI players too. They’re not putting all their eggs in one basket. They’ve got their sights set on Graphcore, a UK-based AI chipmaker. Now, Graphcore denied any rumors of a SoftBank buyout, but you never know what could happen.
So far, we haven’t heard anything from SoftBank or OpenAI about all this, but the speculation is running wild. And let’s not forget about Arm, the chip designer that SoftBank took private for $32 billion and recently went public in the US at a whopping $54.5 billion valuation. That’s some serious cheddar right there.
Now, SoftBank had a bit of a rough patch with a surprise loss, but they’re bouncing back. Their Vision Fund is back in the black, and they’re ready to make some serious moves in the world of tech investments. They’ve been on the defensive for a while, but it looks like they’re ready to go on the offensive and dominate the AI scene.
So, buckle up folks, because SoftBank is about to shake things up and take the AI world by storm. It’s gonna be wild!
