Eksentricity

Masayoshi Son’s Bold $100 Billion AI Revolution

February 17, 2024

$100 Billion AI Chip Venture by Masayoshi Son: SoftBank’s Masayoshi Son aims to raise $100 billion for an AI chip venture named Izanagi to compete with Nvidia.
Focus on Artificial General Intelligence (AGI): Project Izanagi is part of Son’s vision for a future where machines surpass human intelligence, promising a safer, healthier, and happier world.
Strategic Investments and Collaborations: SoftBank considers investing $30 billion, with additional funding from Middle Eastern institutions, separate from discussions with OpenAI’s Sam Altman.