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Posted On: 12/17/2024 7:01:50 PM
Post# of 32991
Connecting a few Tok Dots...
Was announced yesterday tech investing heavyweight Masayoshi Son pledged to spend $100 billion on artificial intelligence and related technology in the U.S.
Masayoshi Son founded Nihon SoftBank (currently SoftBank Group Corp.) in 1981 and has continued to serve as its chairman & CEO.
Was announced yesterday tech investing heavyweight Masayoshi Son pledged to spend $100 billion on artificial intelligence and related technology in the U.S.
Masayoshi Son founded Nihon SoftBank (currently SoftBank Group Corp.) in 1981 and has continued to serve as its chairman & CEO.
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SoftBank has a stake in ByteDance, which is facing a potential U.S. ban of TikTok if it doesn’t sell or change ownership of the app by January. At the press conference Monday, Trump said he would “take a look at TikTok.”
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How much does SoftBank own in ByteDance?
SoftBank participated in the same two funding rounds as KKR but sold a slice of its holding at a valuation of $220 billion in March 2023. If we assume it still holds a $1.1 billion stake, ByteDance makes up 1.25% of its market capitalization ($87.8 billion).Oct 1, 2024
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