SoftBank’s Izanagi Chip Venture: $100B AI Leap

SoftBank Founder Masayoshi Son Pursues $100 Billion for AI Chip Venture

SoftBank Group founder **Masayoshi Son** is reportedly seeking to raise up to $100 billion for a new AI chip venture, codenamed **Izanagi**, as per a Bloomberg report. The project is aimed at competing with industry leader **Nvidia Corporation** in the AI chip space, enhancing the production of crucial semiconductors for AI applications.