SoftBank Q1 profit fell 18% to 347.3 billion yen as chip bets lifted results
What's new: profit still beat estimates by a wide margin as gains tied to Intel offset weaker startup valuations.
Bloomberg, CNBC +1
Subject
#Masayoshi Son
SoftBank’s Son stays on, targets 10 more years to push AI
What’s new: the 68-year-old founder tied his extended tenure to a broader AI and robotics push, including Arm, OpenAI and ABB deals.
SoftBank rejects orbital data centers, backs Earth-based AI buildout
What's new: Masayoshi Son argued power is only a small share of data center costs, making launch, maintenance and latency bigger hurdles in space.