SoftBank plans to invest $9 billion in AI projects

ChainCatcher news, according to the Financial Times, SoftBank plans to invest $9 billion in artificial intelligence projects.

SoftBank's Chief Financial Officer Yoshimitsu Goto stated, "In principle, we will maintain the same trend in the pace of our investment activities. From now on, we hope to increase our investments in AI companies." Currently, SoftBank is facing intense competition in the field of artificial intelligence, as tech giants like Microsoft, Amazon, and Google have invested billions of dollars to collaborate with startups to build AI models.