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SoftBank Bets Big on AI Chips With New $100 Billion Venture to Rival Nvidia
SoftBank Group founder Masayoshi Son is aiming to raise $100 billion for a new artificial intelligence (AI) chip venture named “Izanagi”. The massive initiative is intended to compete with Nvidia in the surging AI chip market and supply next-generation semiconductors essential for AI applications. If successful, Izanagi could become one of the biggest investments in…February 20, 2024
