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Skip to Main ContentSkip to Search Skip to... Select * What to Read Next * Most Popular News * Sponsored Offers * Most Popular Opinion * Recommended Videos DJIA33734.88 points with a0.55%▼ S&P 5004398.95 points with a0.29%▼ Nasdaq13660.72 points with a0.13%▼ U.S. 10 Yr-2/32with a4.068%▼ Crude Oil73.67 points with a2.60%▲ Euro1.0970 points with a0.71%▲ He Spent $140 Billion on AI With Little to Show. Now He Is Trying Again. 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Galston Daniel Henninger Holman W. Jenkins Andy Kessler William McGurn Walter Russell Mead Peggy Noonan Mary Anastasia O'Grady Jason Riley Joseph Sternberg Kimberley A. Strassel Allysia Finley More Editorials Commentary Future View Houses of Worship Cross Country Letters to the Editor The Weekend Interview Potomac Watch Podcast Foreign Edition Podcast Free Expression Podcast Opinion Video Notable & Quotable * Books & Arts Reviews Film Television Theater Masterpiece Series Music Dance Opera Exhibition Cultural Commentary Art Architecture Sections Arts Books More WSJ Puzzles What To Watch Arts Calendar * Real Estate Sections Commercial Real Estate More Real Estate Video * Life & Work Sections Cars Careers Food & Drink Home & Design Ideas Personal Finance Recipes Travel Wellness Columns Your Health Work & Life Carry On Bonds Turning Points On Wine On The Clock More WSJ Puzzles Space & Science * Style Sections Lifestyle Fashion Film Television Music Art & Auctions Columns My Monday Morning Off Brand On Trend * Sports Sections Baseball Basketball Football Golf Hockey Olympics Soccer Tennis Columns Jason Gay Search He Spent $140 Billion on AI With Little to Show. Now He Is Trying Again. Share Resize 90 -------------------------------------------------------------------------------- Listen (2 min) Banking Turmoil Timeline of EventsWhat to KnowWhy First Republic Failed JPMorgan's WinWhat Happens NextYour MoneyNewsletter Signup This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/he-spent-140-billion-on-ai-with-little-to-show-now-he-is-trying-again-dbcca17 HE SPENT $140 BILLION ON AI WITH LITTLE TO SHOW. NOW HE IS TRYING AGAIN. BILLIONAIRE MASAYOSHI SON SAID HE WOULD MAKE SOFTBANK ‘THE INVESTMENT COMPANY FOR THE AI REVOLUTION,’ BUT HE MISSED OUT ON THE MOST RECENT FRENZY Photo-illustration by Alexandra Citrin-Safadi/The Wall Street Journal; Photo: Zuma Press By Eliot Brown Updated July 3, 2023 12:02 am ET Share Resize 90 -------------------------------------------------------------------------------- Listen (2 min) After global tech investor Masayoshi Son launched the world’s biggest private investment fund six years ago, he said his SoftBank 9984 -1.22%decrease; red down pointing triangle Group was plowing money into companies based on a single strategy. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Continue reading your article with a WSJ subscription INTRO OFFER €2 PER MONTH Subscribe Now Already a subscriber? 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