SoftBank Is Pivoting to AI. Is It Already Too Late?

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SoftBank Is Pivoting to AI. Is It Already Too Late?

SoftBank, known for its high-valued startup investments, is shifting its focus to AI, particularly through its majority ownership of chipmaker Arm. The move comes after facing losses and selling shares in various portfolio companies. SoftBank's net asset value has increased, driven by Arm's performance and the anticipation surrounding its upcoming AI chips.

Arm, historically a key player in mobile phone technology, is now gearing up to produce AI chips with SoftBank's backing. The company's potential in the AI chip market has been recognized, especially amidst the growing demand for computational power. Despite past losses, SoftBank is optimistic about its AI investments, aiming to create a new ecosystem with Arm at the forefront.

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