SoftBank has once again made history, smashing records with shares soaring to heights not seen in 24 years—closing at an impressive $33.

 And as you'd imagine, investors all over the world are taking notice fast.

What's behind this surprising rise? SoftBank isn't just dabbling in trends; they're diving headfirst into the deep end of artificial intelligence (AI) with a keen eye on Nvidia's top-tier GPUs. 

(Source: CNBC)

Why the sudden obsession with GPUs? It's all part of Masayoshi Son's plan to make SoftBank a heavyweight in AI. Rumors even suggest they're gearing up to borrow a cool $10 billion for AI-driven energy projects. 

But that's not all—they're also eyeing renewable and nuclear technologies to power their massive AI data operations.

And while they're playing tough with AI firms, Son's putting his money on Arm, the British chip giant they snapped up in 2016 in a strategic move aimed at dominating the AI chip market.

SoftBank's journey from a modest software distributor to a tech titan is a story of resilience and risk-taking. Despite setbacks like the WeWork debacle and challenges in China's tech market, their Vision Fund has been their secret weapon. Now, with Arm's successful IPO and Son's expertise in AI, SoftBank's star is shining brighter than ever.

Recently, SoftBank's Vision Fund 2 invested in Perplexity AI, a US startup valued at $3 billion, highlighting their accelerated pace of AI investment. This move aligns with Son's vision of achieving "artificial super intelligence," a goal he passionately outlined at a recent shareholders meeting. 

The investment solidifies SoftBank's commitment to pioneering AI technologies that could reshape industries globally.

The stakes are through the roof, but SoftBank isn't playing it safe—they're doubling down on bold moves that scream "go big or go home." From riding the Yahoo wave in the dot-com heyday to today's ambitions of AI supremacy, SoftBank's journey is a rollercoaster of high-risk, high-reward maneuvers.

Maybe that’s why their stock tanked 99% in the first dot com boom…

So will this end up like their wework disaster or propel them to AI world domination?

I’ll be watching safely from the sidelines.

Stock.News does not have positions in companies mentioned.