SoftBank founder Masayoshi Son ready for next big tech bet after hiatus

SoftBank Group Corp. founder Masayoshi Son declared he’s ready to swing for the fences when he makes his next big tech bet, suggesting the Japanese conglomerate is on the cusp of making a major investment in AI.

The billionaire warned his next big endeavor could be a big hit or a bad flop — but that SoftBank had no choice but to try. That echoed SoftBank Chief Financial Officer Yoshimitsu Goto’s recent comments about the investment firm needing to take more risk, particularly as AI development accelerates.