
TOKYO -- SoftBank Group CEO Masayoshi Son on Wednesday defended his strategy of placing long-term bets on artificial intelligence, after U.S. office-sharing startup WeWork's aborted IPO stirred doubts about his $100 billion Vision Fund.
"We identify the entrepreneurs who have the greatest vision to solve the unsolvable," Son told a business conference in the Saudi capital of Riyadh. "They need to have [the] strongest passion. And then we provide the cash to fight."