Masayoshi Son – Latest stories from Nourish

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Masayoshi Son’s SoftBank faces big losses from AI bets and mega projects, amid shifting global tech and investment risks.

Stories involving Masayoshi Son

SoftBank Buys ABB Robotics Unit

SoftBank has agreed to acquire ABB's robotics division for around $5.4 billion, marking a strategic shift for ABB and a major expansion for SoftBank in AI and robotics. The deal, expected to close in late 2026, aims to boost SoftBank's robotics investments amid ABB's focus on electrification.

Saudi Arabia Shifts Investment Focus

Saudi Arabia’s Public Investment Fund (PIF) plans to pivot from large real estate projects like NEOM to focus on logistics, minerals, AI, and religious tourism. The move aims to improve near-term returns amid delays and underperformance of previous giga-projects, with a new strategy expected soon.