Famous investor Maysayoshi Son plans to tap investors in the Middle East for ~$70 billion for the new chip project according to Bloomberg. With SoftBank providing the remaining $30 billion. This venture, which will aim to rival$NVIDIA (NVDA.US)$, come just weeks after reports that OpenAI Founder Sam Altman was also seeking to raise funds ($5 - $7 trillion...) for an AI chip buildout from the ...
The revival in Silicon Valley and the moderation of global inflation have positively impacted SoftBank's portfolio. The company is now investing more actively after years of defensive investment strategy.
Series 1 Bond-Type Class Shares of SoftBank Prf Stock Forum
With SoftBank providing the remaining $30 billion.
This venture, which will aim to rival $NVIDIA (NVDA.US)$ , come just weeks after reports that OpenAI Founder Sam Altman was also seeking to raise funds ($5 - $7 trillion...) for an AI chip buildout from the ...
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