SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.

SoftBank Group (SFTBY), led by CEO Masayoshi Son, is making pivotal moves in artificial intelligence (AI). The Japanese tech giant plans to

This would be on top of the $15 billion SoftBank has already committed to Stargate. SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company’s executives told banks last week,

Masayoshi Son is one of the most optimistic VCs in technology, and he has a similarly optimistic prediction for AI. The SoftBank CEO, known for his bold bets and long-term vision, recently laid out a

Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China.

Softbank CEO Masayoshi Son plans to borrow $16B to invest in AI, Reuters reports. Additionally, the company might borrow another $8B in early

In one of his first actions as president, Donald Trump revoked a sweeping executive order from the Biden era that sought to implement safeguards on artificial intelligence. It was a sign that Trump wants to put his own stamp on how the United States should adopt and develop the fast-moving,

Masayoshi Son’s SoftBank is in discussions to borrow $16 billion to invest in AI and could borrow another $8 billion early next year.