Posted 2/17/2024, 8:33:42 PM
Son Seeks $100 Billion for New AI Chip Venture to Rival Nvidia and Reach Human-Level Intelligence
- Masayoshi Son aims to raise $100B for new AI chip company Project Izanagi to rival Nvidia
- Seeks to build processors for artificial general intelligence (AGI) with goal of surpassing human intelligence
- May leverage Arm processor designs and complement Arm Holdings
- Part of Son's broader focus on realizing AGI within the next decade
- SoftBank has strong cash position to invest up to $30B, with additional $70B potentially from Middle Eastern sources