SoftBank Group has agreed to acquire DigitalBridge, a US-based investor in data centres and telecoms infrastructure, for about $4bn, marking the latest move in Masayoshi Son’s artificial intelligence-fuelled dealmaking spree.
Son, the Japanese conglomerate’s founder and chief executive, is going all in on his bet that AI will revolutionise business and society — as well as SoftBank’s growth prospects.
Central to that effort is a mammoth investment in OpenAI, as well as SoftBank’s alliance with database group Oracle and others on a huge AI infrastructure project called Stargate, which will provide computing power for the ChatGPT maker.
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