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SoftBank CEO offers glimpse of deal logic with new AI investment

Son doubles down in battle to dominate world of ‘digital workers’

SoftBank Group CEO Masayoshi Son speaks during a conference on June 13 in Tokyo (photo by Wataru Suzuki)

TOKYO -- SoftBank Group CEO Masayoshi Son on Thursday said its near $100 billion technology fund is stepping up its investment in U.S. software unicorn Automation Anywhere, in a bid to dominate the future of artificial intelligence by taking on one of the world's most highly valued AI companies.

“We agreed yesterday to increase the amount of investment,” Son said during a conference organized by Automation Anywhere in Tokyo, without specifying a figure.

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