According to Reuters, citing sources and a report by The Information, SoftBank CEO Masayoshi Son is reportedly planning to borrow $160 billion for investments in artificial intelligence (AI). The report states that company executives confirmed this intention during talks with banks last week. This move signals SoftBank's continued expansion in the AI sector, particularly amid intensifying global tech competition. Beyond the planned $160 billion, SoftBank is projected to have...

Against the backdrop of increasing global competition in AI, the EU has officially announced an unprecedented artificial intelligence investment plan. Today at the AI Action Summit in Paris, European Commission President Ursula von der Leyen formally unveiled a grand initiative called 'Invest AI', showcasing the EU's strong determination in global AI competition. This investment plan, with a total scale of €200 billion, notably includes a dedicated €20 billion European Fund for the construction of AI gigafactories. This decision marks the EU's official entry into large-scale AI development.

Global tech entrepreneurs and investors are praising the UK as a destination for artificial intelligence investment, but the UK faces competition in its bid to become the world's third-largest AI center.

["Ark Invest, focused on technology asset management, has selected several companies as part of its 'Sleeping Wave' strategy.", "Ark Invest believes that well-known tech companies like Apple, Alphabet, Microsoft, and Nvidia are not the main beneficiaries of the artificial intelligence revolution.", "Ark Invest has identified some potential niche opportunities, such as the San Francisco-based coding platform and embedded AI coding assistant Replit."]