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# SoftBank’s Masayoshi Son is reportedly seeking $100B to build a new AI chip venture

**[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 3 upvotes · 0 comments

## Summary

SoftBank's Masayoshi Son is seeking $100B to build a new venture that would compete with Nvidia in the area of AI chips. The new venture, code-named Izanagi, would collaborate with Arm, the chip design company that SoftBank spun out as a public company last year.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2024/02/19/softbanks-masayoshi-son-is-reportedly-seeking-100b-to-build-a-new-ai-chip-venture/>

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Tags: [#ai](https://daily.dev/tags/ai), [#arm](https://daily.dev/tags/arm), [#enterprise](https://daily.dev/tags/enterprise), [#neural-networks](https://daily.dev/tags/neural-networks), [#softbank](https://daily.dev/tags/softbank), [#venture-capital](https://daily.dev/tags/venture-capital)

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