Izanagi

SoftBank Group founder Masayoshi Son plans to raise $100 billion (about 721 billion yuan) to set up an AI chip company, according to Bloomberg. Son hopes the company will complement ARM HOLDINGS PLC. Son named the AI chip company project "Izanagi" and he will directly lead the project. Izanagi is the god of creation and life in Japanese mythology. People familiar with the matter revealed that Son used this name in part because it contains the initials of general artificial intelligence (AGI). Project funding…