Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
ANZ Faces Legal Battle as Former CEO Shayne Elliott Sues Over A$13.5 Million Bonus Dispute 
Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market 
SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Adobe Strengthens AI Strategy Ahead of Q4 Earnings, Says Stifel 
Gulf Sovereign Funds Unite in Paramount–Skydance Bid for Warner Bros Discovery 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
GameStop Misses Q3 Revenue Estimates as Digital Shift Pressures Growth 
SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
Air Transat Reaches Tentative Agreement With Pilots, Avoids Strike and Restores Normal Operations 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
CVS Health Signals Strong 2026 Profit Outlook Amid Turnaround Progress 
SoftBank Group (TYO:9984) is positioning itself as a global leader in the artificial superintelligence (ASI) era, with CEO Masayoshi Son stating the company’s ambition to become the central platform provider for ASI within the next decade. Speaking at the annual shareholder meeting on Friday, Son emphasized SoftBank’s strategic vision to "organize the industry" as AI surpasses current capabilities.
In a significant move, SoftBank disclosed a new investment agreement with OpenAI, bringing its total commitment to $32 billion, including previously planned funding. This investment builds on a prior pledge of up to $40 billion, valuing OpenAI at $300 billion, and establishes SoftBank as one of its most prominent backers.
Son also expressed his belief that OpenAI will eventually go public, signaling confidence in the firm’s long-term growth potential. In addition to its OpenAI investment, SoftBank is taking a leading role in the ambitious $500 billion "Stargate" initiative. The project aims to construct cutting-edge AI and robotics infrastructure in the U.S. and includes major partners such as Oracle (NYSE:ORCL), Microsoft (NASDAQ:MSFT), NVIDIA (NASDAQ:NVDA), and MGX.
SoftBank and OpenAI are the primary drivers behind Stargate, with SoftBank assuming key financial responsibilities. The bold investments are part of Son’s broader strategy to dominate the future of AI technology.
Shares of Tokyo-listed SoftBank (OTC:SFTBY) were trading nearly 3% higher by 03:23 GMT, reflecting investor optimism amid strong buying in Japanese markets.
These developments underscore SoftBank’s aggressive AI expansion and its pivotal role in shaping the future of artificial superintelligence platforms worldwide.
