SoftBank Group founder Masayoshi Son has ambitious plans to spend $30 billion to establish an AI chip company called Izanagi, a move aimed at challenging or even surpassing Microsoft's investment in OpenAI. This not only reflects Son’s firm confidence in the future development of artificial intelligence, but also indicates that the field of AI chips will usher in a new fierce competition. As soon as the news came out, SoftBank's share price rose by 30%, and the market responded positively to this, which fully demonstrated investors' huge expectations for the project.
SoftBank Group founder Masayoshi Son plans to create an AI chip company called Izanagi, planning to invest US$30 billion and is expected to surpass Microsoft's investment in OpenAI. This move caused SoftBank's share price to rise by 30%, showing Son's confidence in the prospects of the artificial intelligence field.
Masayoshi Son’s huge investment and the establishment of Izanagi will undoubtedly have a profound impact on the artificial intelligence industry, and its future development deserves attention. This also indicates that in the field of AI, competition for funds and technology will become more intense, and more innovations and breakthroughs are worth looking forward to.