SoftBank's $184 billion portfolio key to beating AI rivals, says Vision Fund CFO

FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo

TOKYO (Reuters) - Japanese technology investor Softbank Group believes it has an advantage over smaller rivals because it can leverage its entire $183.6 billion portfolio to help it build an ecosystem of firms that can employ artificial intelligence, a top executive said on Monday.

"Because of the size of our platform, we're able to bring those companies to see how they can utilise generative AI or LLMs (large language models)," Navneet Govil, chief financial officer (CFO) of SoftBank's Vision Fund investment arm, told Reuters in an interview.