SoftBank Group Corp., a leading global technology and investment holding company, was founded by Masayoshi Son in September 1981. Originally a software distributor in Japan, it evolved into a diverse conglomerate engaged in telecommunications, e-commerce, and investing in cutting-edge technologies. Based in Tokyo, SoftBank has raised significant capital through its Vision Funds, totaling over $100 billion. The group's investment strategy focuses heavily on artificial intelligence (AI), internet services, and telecommunication, positioning itself at the forefront of technological innovation.
Attribute | Information |
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Founding Date | September 3, 1981 |
Headquarters | Tokyo, Japan |
Founders | Masayoshi Son |
Revenue | $46.7 billion (2024) |
Profits | -$1.7 billion (2024) |
Key Investors | Saudi Arabia PIF, Mubadala, Apple |
Industry | Telecommunications, Technology |
Number of Employees | 55,400 |
SoftBank was founded by Masayoshi Son, a Japanese entrepreneur with Korean ancestry, who initially entered the personal computer software market in Japan. Inspired by the growth potential of microprocessors observed during his studies at UC Berkeley, Son launched Nihon SoftBank in 1981. The company served as a software distributor and eventually ventured into publishing with PC magazines. By incorporating innovative services like Yahoo! BB, a broadband service launched in 2001, SoftBank laid the groundwork for its future in telecommunications and internet services.
SoftBank operates primarily through its Vision Funds, focusing on aggressive investments in AI, telecommunications, e-commerce, and other disruptive technologies. The Vision Fund's creation marked a significant expansion in SoftBank's influence across tech startups worldwide. Notable investments include stakes in Alibaba, which yielded one of the greatest returns in investment history, and Uber. SoftBank has been instrumental in advancing AI through partnerships with established tech leaders and by investing in new ventures like the AI-RAN Alliance to utilize AI in telecommunications.
Currently, SoftBank holds a prominent position in the telecommunications sector, competing as a leader in AI development and deployment. Its investment strategy spans technology giants like Arm Holdings and innovative AI solutions through partnerships with companies such as NVIDIA and OpenAI. Despite financial setbacks, including significant losses in Vision Fund 2, SoftBank continues to influence technology trends, maintaining a robust interest in AI and smart data solutions.
SoftBank continues to be a pivotal player in global technology investment, leveraging its capital and strategic vision to drive advancements in AI, telecommunications, and Internet services. Its future stands on the strategic expansion into AI through collaborations with top tech innovators and infrastructure development projects like Stargate. Despite facing financial challenges, SoftBank's commitment to innovation and its strategic investments position it as a crucial leader shaping the technological landscape.