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SoftBank's Son Expresses Disappointment Over Returns to Saudi Prince: A Deeper Look
In a surprising revelation, Masayoshi Son, the CEO of SoftBank Group Corp., admitted that he has not been able to deliver the expected returns to Saudi Prince Mohammed bin Salman from their joint investments. This admission sheds light on the ongoing challenges faced by Son, particularly with respect to the Vision Fund, which was touted as a groundbreaking investment initiative aimed at propelling technological advancements globally.
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Wayve’s Bold Step: Softbank-Backed Startup Launches AI Test Drives in San Francisco
In a significant advancement for autonomous vehicle technology, Wayve, a leading startup backed by Softbank, has officially launched its AI test drive program in the vibrant streets of San Francisco. This initiation marks a pivotal moment in the race towards widespread deployment of self-driving cars, showcasing a strategic move from the UK-based company aiming for a foothold in the competitive US market.
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