Does the good news with this company ever stop?
Anyway, key point of the article imo:
The latest move appears to be a part of CEO Masayoshi Son’s broader plan to position SoftBank as a leader in AI technology, for which it has started discussions with banks about borrowing money to fund up to $10 billion in energy-related projects driven by AI demand, The Information reported on Thursday.
And then this little nugget which is an entirely new concept to me for banks:
SoftBank, a backer of companies like Tencent, T Mobile, 10x Genomics (NASDAQ:TXG), and Automation Anywhere, among others, could look to create a special-purpose company to purchase the GPUs with borrowed funds, and would then lease the GPUs to SoftBank, allowing the firm to keep the debt off its balance sheet.
Positions: leaps
SoftBank in talks to get its hands on large volumes of Nvidia’s GPUs: Report
byu/slam-dunk-1 inwallstreetbets
Posted by slam-dunk-1
12 Comments
Softbank has a history of making large investments at the top of bubbles. Masayoshi is Cathy Wood level of a sucker, so if he’s just now going heavily into AI, it might be a good idea to inverse him.
I know it’s a holiday and the post quality is gonna suck but sweet Jesus I didn’t expect it suck this bad.
Hardbank
GPUs rapidly depreciate unlike gold bars so idk what Masayoshi wants with them unless he is predicting a very soon and very sharp rise in demand for them. Sounds like an amazing way to become a bagholder. Not just the actual value of the investment but also their storage and logistics.
Hell yeah, it’s not a real bubble until Masayoshi Son piles in and wastes billions of dollars
funny how different people are blind to different people’s fake hype. Dude is trying to create some knock-off AGI. man, I should create some powerpoint slides with a bunch of server racks with blue light behind it and a robot with a face and have investors dump money on me.
What leaps you have ?
All the blockchain investments not panning out?
Sounds good to me man they can use it for whatever the fuck they want, as long as they want the GPU nvidias gonna make em 
So basically, the companies which SoftBank has invested into are using the lack of GPU availability as the excuse for why they can’t hit their business numbers.
The SoftBank solution is to do a big purchase of GPUs for its porfolio companies.
That sounds good for $NVDA and bad for SoftBank.
Imagine having all the possible money you can possibly have and investing at the top of the bubble.
Why they don’t just donate money instead?
My code is: 69692424007
or they got a shit ton of call options like years ago waiting to unload