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Min Jeong Lee

Min Jeong Lee

Fortune

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SoftBank has sold off or written down $29 billion in U.S. Vision Fund assets as Masayoshi Son tries to get his mojo back by turning to AI and chips

One project reportedly being considered by Softbank's CEO: a $100 billion chip venture to compete with Nvidia.

10.05.2024 10

Fortune

Min Jeong Lee

'Space junk' unicorn backed by Japanese billionaire wants to clear the skies for Elon Musk and Jeff Bezos

Tokyo-based Astroscale was founded by Nobu Okada in 2013 with $200,000, half his total savings. “The space industry has been just a throw-away...

22.02.2024 20

Fortune

Min Jeong Lee

Softbank posts a $6.4 billion quarterly profit, its first in over a year, thanks to Arm, DoorDash and a surprise T-Mobile windfall

Softbank shares surged 11% on Thursday after Arm, the Softbank-owned chip designer, gave an expectations-beating forecast.

08.02.2024 30

Fortune

Min Jeong Lee

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