SoftBank Group Corp.'s CEO Masayoshi Son urges Japanese companies to take more advantage of artificial intelligence, warning there will be "a critical difference" in firms' competitiveness depending on how willing they are to embrace the technology.
SoftBank Group Corp. says it will receive $5.12 billion in proceeds from the initial public offering of Arm Holdings Plc., a British chip designer under the Japanese conglomerate, by the end of September.