Sources: Masayoshi Son seeks up to $100B for an AI chip venture to rival Nvidia; one scenario involves $30B from SoftBank and $70B from Middle Eastern investors (Bloomberg)

Bloomberg:

Sources: Masayoshi Son seeks up to $100B for an AI chip venture to rival Nvidia; one scenario involves $30B from SoftBank and $70B from Middle Eastern investors  —  – SoftBank has $41 billion cash pile and finances helped by Arm  — Undertaking code-named Izanagi after Japanese god of creation