The decision comes amid a technology market downturn that has negatively impacted SoftBank. The company's Vision Fund's performance has been affected by a weak yen and investment costs. Despite the challenging environment, SoftBank is entering an investment mode, albeit with caution.
Key takeaways:
- SoftBank Group is cautiously restarting its investments in artificial intelligence-related companies amid market concerns about high interest rates cooling growth in the U.S. and elsewhere.
- The company's Chief Financial Officer, Yoshimitsu Goto, stated that they are entering the investment mode but are still considering very carefully where to put their money.
- SoftBank has been negatively impacted by the technology market downturn.
- The company is making decisions conservatively, according to Goto.