Despite recent financial setbacks, including a record $32 billion loss from the Vision Fund, Softbank appears ready to focus on AI investments. This move is likely to be supported by the recent public launch of Softbank's British chipmaker ARM, which secured a $54.5 billion valuation in an initial public offering, thereby boosting the company's investment funds.
Key takeaways:
- Softbank is reportedly considering an investment in OpenAI, the company behind the chatbot ChatGPT.
- Softbank's CEO, Masayoshi Son, is a fan of the chatbot and uses it daily.
- The potential investment comes after a difficult period for Softbank's Vision Fund, which posted a record $32 billion loss earlier this year.
- Despite these losses, Son has indicated a readiness to aggressively invest in AI technologies.