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Hermann Hauser, who had been concerned in the early days of Arm and is considered one of the UK’s most ­influential entrepreneurs, told the BBC it was a "sad day" for British tech. To purchase the British firm, SoftBank was pressured to sell shares in Alibaba and Supercell; the whole deal pushed the Japanese company’s debt to $105 billion. The British kicked off the meeting with a ­presentation about income plans and forecasts for the next four quarters. That perception was behind SoftBank’s acquisition of Vodafone Japan, a struggling cellular carrier beset by connectivity issues and unfashionable handsets, a couple of weeks prior to his meeting with the Arm executives. With the ­smartphone market saturated and progress margins decreased, Arm would have to significantly decrease revenue margins to be able to make long-term investments in areas similar to AI, sensors, 5G and ­autonomous vehicles. Son has obsessively been making an attempt to make SoftBank the world’s greatest company because the day he founded it in 1981, as a Pc software distributor (SoftBank stands for Bank of Software) - the day when he, a 24-year previous entrepreneur, stood on a crate in front of his two staff and excitedly promised that at some point they can be the best on this planet.

Let’s change into the largest investment fund on the planet." Masa referred to as it the Vision Fund. SoftBank, which had never managed third-get together money at this scale and had never launched a regulated fund, now owned the biggest funding fund in history, equal to all the money raised by US VCs within the previous 30 months. Most of the CEOs within the audience that day had been recipients of the fund’s investment. What's going to accomplish that is what Son calls the "cluster of number ones" strategy: a SoftBank-led ecosystem of AI firms, spanning all industries from healthcare to transportation, from journey-hailing to robotics, a range that underpins the Vision Fund’s investment portfolio. Misra and Son put collectively a presentation that showcased the fund’s funding observe record - it’s portfolio on the time already included Arm, Sprint, SoftBank Mobile, Alibaba and Yahoo! "We needed to make investments within the AI revolution that was coming, and in all these firms going to disrupt each industry on the planet," Misra says.

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