(April 9): Rene Haas, the CEO of chip designer Arm, is in line to lead much of parent SoftBank's international business while keeping his current role at Arm, the Financial Times reported on Thursday, citing people familiar with the matter. Both also declined to comment to the FT.Haas' appointment aims to push forward SoftBank's AI chip strategy, Project Izanagi, launched to compete with rivals such as US-based chipmaker Nvidia, according to the FT report. Haas was expected to take a title reflecting his senior role at SoftBank Group International, but was not expected to run the company's Vision Fund investment vehicles or its energy business, the report added. The role at SoftBank Group International would make Haas one of the most senior people working with SoftBank's billionaire-founder Masayoshi Son, according to the report. Son's "all in" bet on AI includes SoftBank's agreement to invest US$30 billion (RM119.5 billion) in OpenAI through its Vision Fund 2.

Source: The Edge Markets April 09, 2026 08:53 UTC