To Reduce AI Costs, Google Wants to Ditch Broadcom as Its TPU Server Chip SupplierRead more

Briefing
asia venture capital

SoftBank to Slow Down Investments As Market Turmoil Hurts Portfolio

By
Juro Osawa
· · Source: The Financial Times

SoftBank founder Masayoshi Son has told the company’s top executives to slow down investments, as the Japanese investment giant tries to raise cash amid a global stock market turmoil, the Financial Times reported. Son’s message to the executives at a recent meeting came at a challenging time. The volatility of tech stocks in recent months has hurt the value of SoftBank’s vast portfolio, and...

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