SoftBank is looking for to put money into synthetic intelligence corporations and should search to spend tens of billions within the sector, the Monetary Occasions reported.
The corporate is contemplating a spread of choices together with a strategic partnership with, or funding in, Open AI, the paper reported, citing two unidentified individuals conversant in SoftBank founder Masayoshi Son’s views.
SoftBank additionally has made a preliminary strategy to purchase Graphcore, a UK-based AI chipmaker, the FT reported. Graphcore denied it had acquired a suggestion from SoftBank, and SoftBank declined to remark, in accordance with the FT.
