Japanese technology billionaire Masayoshi Son, founder of SoftBank and owner of ARM, aims to establish a $100 billion company to rival NVIDIA in the artificial intelligence market.
To provide the computing power required for artificial intelligence technologies, graphics processors called GPUs are used rather than processors called CPUs. NVIDIA is the leader in this market. Japanese tech billionaire and SoftBank Group Founder Masayoshi Endhas stepped up to raise funds for a massive initiative that could change this.
Son, inspired by the Japanese god of creativity Izanagi He wants to raise a fund of $100 billion for the project he codenamed. The billionaire, who has recently started to reduce his support for new ventures, is now artificial intelligence It has its sights set on semiconductors. Son, who will use ARM within SoftBank, wants to develop customized designs for artificial intelligence under this brand.
Seeking $100 billion fund
Izanagi, which will be able to use ARM’s instruction sets in the first stage, can thus compete directly with NVIDIA. Currently, Son’s allowance for Izanagi within SoftBank $41 billion It is stated that . In addition to this amount, the technology billionaire also received funds from Middle Eastern national funds. 70 billion dollars Trying to get as much investment.
Used for specialized systems that can process huge data sets, such as machine learning and neural networks artificial intelligence chips, needs special semiconductor. This has created a market where demand is very high but supply is very low. Until now Intel, AMD, NVIDIA Son believes that he can enter this market as a new big player, where some startups are skimming. It is unknown whether Izanagi will focus on AI training or inference. Still, it must be admitted that the risk-taking billionaire will present an interesting challenge.
Source :
https://www.techpowerup.com/319224/softbank-founder-wants-to-raise-usd-100-billion-for-an-ai-company-to-compete-with-nvidia