SoftBank Group plans to invest as much as €75 billion ($87 billion) to build 5 gigawatts of artificial intelligence data center capacity in France, saying the country is poised to become a top European hub for AI infrastructure. The first phase comprises an initial €45 billion investment to deliver 3.1 gigawatts of AI data center capacity in the Hauts-de-France region by 2031, SoftBank said Saturday in a statement. The commitment, which SoftBank called its biggest AI infrastructure investment in Europe, reflects personal diplomacy between Emmanuel Macron and SoftBank founder Masayoshi Son, who met during the French president's visit to Japan this year. In a time of both misinformation and too much information, quality journalism is more crucial than ever. By subscribing, you can help us get the story right. With your current subscription plan you can comment on stories.

SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event in Tokyo in February 2025. SoftBank's investment gain on OpenAI stood at an estimated $19.8 billion as of December. SoftBank Group sprang back to a quarterly profit after Masayoshi Son's bet on OpenAI paid off in valuation gains, cementing the Japanese company's position as an investment proxy for the ChatGPT creator. The Tokyo-based company has invested more than $30 billion (¥4.58 trillion) in OpenAI, accumulating an 11% stake as of December, and has been in talks to invest as much as $30 billion more in a round that would value the startup at about $750 billion to $830 billion. As of December, SoftBank's investment gain on OpenAI stood at an estimated $19.8 billion, the company said Thursday.

SoftBank Group is in discussions to invest as much as $30 billion more in OpenAI, a sharp increase in commitment that reflects founder Masayoshi Son's ambitions to play a central role in developing artificial intelligence. The Japanese company, already one of the ChatGPT-maker's biggest backers, is in deliberations to commit more capital toward the fast-growing startup, people familiar with the matter said. The maximum amount SoftBank is considering is $30 billion, one of the people said, asking to remain anonymous to discuss private talks. They cautioned that the discussions are fluid and the amount of funding could change. SoftBank's shares rose 5.8% in Tokyo on Wednesday. Son has been unwinding positions to increase its stake in OpenAI and ready capital for sweeping investments aimed at injecting AI in all devices.

Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the Future Investment Initiative (FII) Institute Priority Asia conference in Tokyo in December. SoftBank Group has halted talks about an acquisition of U.S. data center operator Switch, a setback to founder Masayoshi Son's ambition to roll out Stargate artificial intelligence infrastructure, according to people familiar with the matter. For months, Son pursued a deal of around $50 billion for Switch, convinced that direct control of the latter's network of energy-efficient data centers would help the $500 billion Stargate push to generate computing power for partner OpenAI. But earlier this month, Son conceded that a full acquisition was off the table and scrapped a planned January announcement, the people said, asking not to be named because the matter is private. The two sides remain in active discussions about a partial investment or a partnership, they said. In a time of both misinformation and too much information, quality journalism is more crucial than ever.

Acquisition would further expand SoftBank's investments in artificial intelligence as it tries to center itself in the boom SoftBank Group will acquire digital infrastructure investor DigitalBridge Group in a deal valued at $4bn, the companies said on Monday, as the Japanese investment firm looks to deepen its AI-related portfolio. The acquisition would expand SoftBank's exposure to digital infrastructure as the Japanese conglomerate is positioning its portfolio to focus on artificial intelligence. SoftBank's billionaire founder Masayoshi Son is seeking to capitalize on surging demand for the computing capacity that underpins artificial intelligence applications. DigitalBridge invests in digital infrastructure sectors such as datacenters, cell towers, fiber networks, small-cell systems and edge infrastructure, with a portfolio including companies such as Vantage Data Centers, Zayo, Switch and AtlasEdge. Founded in 1991 as real estate-focused Colony Capital, the firm pivoted under CEO Marc Ganzi into digital infrastructure and rebranded as DigitalBridge in 2021 after shedding most of its legacy property assets.

Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the Future Investment Initiative Institute Priority Asia conference in Tokyo on Monday. SoftBank Group is in talks to acquire DigitalBridge Group, a private equity firm that invests in assets such as data centers, as it seeks to take advantage of an AI-driven boom in digital infrastructure, according to people with knowledge of the matter. The Japanese conglomerate is negotiating a potential deal to buy New York-listed DigitalBridge and take it private, the people said, asking not to be identified because the information is confidential. Shares of DigitalBridge have fallen 13% this year, giving the company a market value of about $1.8 billion. They rose as high as 35% on the news and were last trading at $12.63 at 10:40 a.m. in New York. SoftBank's billionaire founder Masayoshi Son is trying to capitalize on soaring demand for the computing capacity that underpins artificial intelligence applications.

Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the Future Investment Initiative (FII) Institute Priority Asia conference in Tokyo on Monday. SoftBank Group founder Masayoshi Son said he wouldn't have sold off Nvidia shares if his company had unlimited money to bankroll its next investments in artificial intelligence, which include a big bet on OpenAI. Son, addressing for the first time the surprise November disclosure that SoftBank had unloaded its entire stake in the world's most valuable company, also slammed talk of an AI investment bubble. The Japanese company simply needed to raise capital to fund projects including data center construction, he told a forum in Tokyo Monday. I don't want to sell a single share. I just had more need for money to invest in OpenAI" and other projects, Son said during the FII Priority Asia forum.

SoftBank sells Nvidia stake for $5.8 billion to fund AI bets SoftBank Group founder Masayoshi Son is aggressively seeking to capitalize on booming investment in AI and chips, even as he scales back other investments. SoftBank Group sold its entire stake in Nvidia for $5.83 billion to help bankroll artificial intelligence investments, even as investors question the amount of capital pouring into a technology with uncertain returns. Founder Masayoshi Son has been unwinding positions to pay for a plethora of AI projects, from Stargate data centers with OpenAI and Oracle to robot manufacturing sites in the United States. The Nvidia exit coincides with a growing debate about whether spending by big tech firms like Meta Platforms and Alphabet -- expected to surpass $1 trillion in coming years -- will produce commensurate returns. SoftBank's stock slid more than 10% in Tokyo on Wednesday, highlighting how investors remain nervous about lofty tech valuations.

SoftBank Group swung to a quarterly profit, riding on gains from its bets on Nvidia and startups in a boon for founder Masayoshi Son's bets on artificial intelligence technologies. A recovery at SoftBank's signature Vision Fund and the sale of assets such as its T-Mobile U.S. holdings are helping Son double down on bets geared to help him capitalize on booming investment in AI hardware. SoftBank, which had sold 4.8 billion worth of its stake in the U.S. telecom company in June, on Thursday revealed the sale of another 3 billion of the U.S. carrier's stock. The Tokyo-based company reported net income of 421.82 billion ( 2.9 billion) in its fiscal first quarter, more than double the average of analyst estimates. The Vision Fund logged a 451.39 billion profit, helped by a recovery in tech valuations and gains on holdings such as Coupang, Auto1 Group SE, Symbotic and Swiggy.

SoftBank founder Masayoshi Son and OpenAI chief Sam Altman see insatiable demand for artificial intelligence (AI) that makes it imperative to keep building ever more computing capacity. Speaking via teleconference at SoftBank World, the two business partners argued that advancing AI would lead to new jobs that are not yet imagined, and the advancement of robotics will help kickstart a "self-improvement" loop. "As we drive the cost of AI down, more people want to use it," Altman said in response to Son's question about diminishing returns from further expansion. "So if we make the cost of AI 10 times cheaper, people wanna use it 30 times as much or whatever. And the demand for intelligence in the world just seems to be huge."