Masayoshi Son Plans to Establish AI Chip Company Izanagi, SoftBank Shares Surge

SoftBank Group's stock price climbed due to Masayoshi Son's plan to establish a $10 billion AI chip company. Son will invest $30 billion, with plans to name the company Izanagi, competing in the global semiconductor market. This initiative could surpass Microsoft's investment in OpenAI, and Son has high hopes for the future of artificial intelligence. SoftBank's stock rose by 30%, as Son sees immense opportunities in the AI sector.

Masayoshi Son Pours Cold Water on Musk's Space Data Center: Saving Electricity Costs Is Not Worth It, Focus on Ground Computing Power Instead

The founder of SoftBank, Masayoshi Son, believes that Elon Musk's space data center has limited value, and the advantage of saving electricity costs is not a decisive factor in the AI competition. He asserts that the ultimate winner of artificial intelligence will be determined by ground computing power, not space servers.

AI Self-Iteration Closed Loop Has Been Achieved? Masayoshi Son Asserts Superintelligence Will Trigger a Technological Critical Point Within Two Years

SoftBank CEO Masayoshi Son has recently updated his prediction about super artificial intelligence (ASI), stating that the technology will arrive within two years. Previously, he had adjusted the timeline multiple times, shortening it from the initial ten years to four years, and now further compressing it to two years, reflecting his extreme optimism about the speed of ASI development.

Accumulated investment in OpenAI exceeds 60 billion: Sun Yuzheng, with a net worth of 100 billion US dollars, regains the title of Asia's richest person

Sun Yuzheng regained the title of Asia's richest person with a net worth of about 100 billion US dollars, driven by the AI boom. SoftBank Group's market value exceeded Toyota and became Japan's largest listed company. According to Forbes data, SoftBank's stock price rose by 14% on June 1st, and its market value once broke through 4.8 trillion yen, reaching about 4.879 trillion yen as of June 3rd.

Artificial Intelligence Chip Manufacturer Cerebras Successfully Lists on the Stock Market, Valuation Surges to $60 Billion

Cerebras Systems successfully went public in 2026, raising $5.5 billion through its IPO, and its valuation surged to approximately $60 billion, making its founder a billionaire. The company was founded in 2016 and focuses on AI chip manufacturing, but it nearly went bankrupt in 2019, with monthly expenses of $8 million, almost exhausting its funds.

Arm expects AI chip sales to reach $2 billion next year

British semiconductor company Arm announced that its first self-developed AI chip is expected to generate $2 billion in sales next year, as market demand is strong. This move marks a significant breakthrough for Arm in the AI field. As a subsidiary of SoftBank, Arm holds a key position in the global semiconductor market, with its technology widely used in electronic devices. The launch of the new chip comes at a time when AI technology is rapidly developing and the demand for high-performance computing is increasing.