2025-03-03 11:34:37.AIbase.15.9k
SoftBank Reportedly Plans $160 Billion Financing for AI Investments
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...
