I am very skeptical about Softbank. They are betting almost everything on Open AI. And that could very well go wrong.
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@Multibagger
I think everything is a bit over the top. I see a lot more in softbank's investments.
I think everything is a bit over the top. I see a lot more in softbank's investments.
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•@Tenbagger2024 but the big ones have recently driven them down quite a bit, e.g. $NVDA and shifted completely into Open AI. They made a mistake like this once before in the days of the Neuer Markt and almost went bankrupt and took many years to recover.
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@Multibagger
Yes okay, of course you should take that into account
Yes okay, of course you should take that into account
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@Multibagger OpenAi is just a small piece of the puzzle in their strategy, you have to look at the bigger picture. They are active at every point in the value chain. They operate data centers, supply them with energy, build their own AI models, run AI workloads via their AI RAN, etc. What is particularly interesting, however, is what is happening in the semiconductor sector. I think they are trying to compete with NVIDIA in the medium term with their subsidiaries ARM, Ampere Computing and Graphcore. Energy-saving, high-performance AI chips, but that remains to be seen. The robot ambitions are also interesting. They have bought ABB Robotics, the last major European robot manufacturer (no. 2 in the world), to use it for their vision of physical AI. There are also other partnerships, such as the new one with Yaskawa. Then there are all the other assets. Those who are skeptical about SoftBank mostly just don't really understand it.
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•@PikaPika0105 You may be right. Perhaps it is also the burnt child that is afraid of fire. I was already invested several times in 2000. Thank God I didn't participate in the entire dip from €63 to €3 back then, but it still hurt. And the crash wasn't due to 09/11
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@PikaPika0105
Are they still involved in coupang?
Are they still involved in coupang?
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@Tenbagger2024 yes about 20%
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•@Multibagger that was Dotcom. I can understand that it traumatized you in a way, I wasn't even born there yet 😂😂😂 The company from back then and today have very little to do with each other. At the time, they were just a very young telecommunications group, so the perfect prey for the dotcom crash, today they are a huge tech conglomerate.
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•@PikaPika0105 That's not quite right. The decline at the time was largely due to the close ties between the CEO, who is still in office, and other companies. At the time, he was responsible for the close relationship with Cisco, on whose board he was also a member. Both suffered the same fate.
I didn't suffer any trauma from that. I also earned a lot of money back then before the collapse. But a few investments like that stick in the memory, especially when the main players are the same as they were 25 years ago
I didn't suffer any trauma from that. I also earned a lot of money back then before the collapse. But a few investments like that stick in the memory, especially when the main players are the same as they were 25 years ago
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@PikaPika0105 but you are an expert on Asia/Japan. I'm sure you know more about this than I do 😉 So thank you very much for your detailed comments. In any case, I take a very critical view of participation in Open AI.
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