After losing $7 billion in the quarter, SoftBank is considering reversing the aggressive pace of investment in artificial intelligence. Chief Financial Officer Yoshimitsu Goto acknowledged the shift in investment strategy to prudence: “Right now, it is natural for everyone to discuss and wait for a while to see how the situation unfolds.” This statement means that as the AI trading market is under pressure, SoftBank's massive investment boom in artificial intelligence may be suspended, including its layout on OpenAI. As one of the most important investors in the field of artificial intelligence, SoftBank's move shows that even aggressive investors may need to slow down.
Zhitongcaijing · 1d ago
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After losing $7 billion in the quarter, SoftBank is considering reversing the aggressive pace of investment in artificial intelligence. Chief Financial Officer Yoshimitsu Goto acknowledged the shift in investment strategy to prudence: “Right now, it is natural for everyone to discuss and wait for a while to see how the situation unfolds.” This statement means that as the AI trading market is under pressure, SoftBank's massive investment boom in artificial intelligence may be suspended, including its layout on OpenAI. As one of the most important investors in the field of artificial intelligence, SoftBank's move shows that even aggressive investors may need to slow down.
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