Masayoshi Son, the founder of SoftBank Group, is changing his tune and now warning about AI safety risks as machines become more capable. The Japanese group has committed $65 billion to OpenAI, with that amount expected to be reached by October 2026. SoftBank shares plunged more than 13% on September 14, 2026, after leaders from OpenAI and Anthropic expressed concerns about risks related to frontier AI models. SoftBank also raised $11.1 billion through a junk bond issuance to finance its AI push. This convergence between AI safety and market sensitivity illustrates SoftBank’s increasingly narrow margin for error.
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