SoftBank Group Corp.’s stock rose 1.5 per cent to a new lifetime high on Wednesday, a vote of confidence in Masayoshi Son’s ambitions to ramp up investments in AI and semiconductors.
The Japanese tech investor is gaining investor attention as its telecom arm moves aggressively to invest in generative AI, tying up with Microsoft Corp. and startup Perplexity AI and building data centers stocked with Nvidia Corp. accelerators.
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