Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Germany's DAX gained 0.2% to 21,300 and the CAC 40 in Paris edged 0.
The billionaire behind Tesla has significant business interests in China and has previously described himself as “kind of pro-China”. He could be at odds with a number of China hawks in the second Trump administration, and may even be labelled a national security risk due to his connections to the second-largest economy in the world.
China: Asian equities mostly rose Thursday, cheered by another tech fuelled run up on Wall Street after Donald Trump s huge AI investment
U.S. stock index futures held steady Wednesday evening after the SP 500 hit a record high, driven by Netflixs strong earnings and optimism over President Donald Trumps AI investment initiative. SP 500 Futures were flat
Tokyo: Masayoshi Son, the Japanese tycoon helming US President Donald Trump s big new AI push, is the son of an immigrant farmer with a spectacular
SoftBank and OpenAI are backing a significant AI infrastructure project in the US, which includes major investments, new technology partnerships, and job creation.
Trump trotted out Masa’s line about 50,000 new jobs and $50 billion of investment in the U.S. Masa beamed into the TV cameras, but grew flustered when one of the American reporters confused him with Terry Gou, the Foxconn boss. “No, no, no,” said Masa. “I am Masayoshi Son, and SoftBank is not a bank.”
The leak highlights the development of GPUs based on the new UDNA architecture, which will succeed the current RDNA. These GPUs are expected to include a flagship model capable of competing with Nvidia’s top-tier GeForce RTX cards, addressing the lack of a high-end option in AMD’s current RDNA 4 lineup.
The S&P 500 finished at a fresh all-time record Thursday as US stocks shrugged off early weakness, welcoming President Donald Trump’s pledge to cut corporate taxes. In a much-anticipated video appearance at the World Economic Forum in Davos,
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.
Despite the positive projection, Loop Capital also noted that Super Micro might face some challenges in the first half of the calendar year 2025. The situation is expected to stabilize around May or June,