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Masayoshi Son, the CEO of SoftBank Group, announced on Wednesday that his tech-investing conglomerate intends to switch to “offense mode” after reducing its investment activity to strengthen its finances.

At the company’s annual general meeting, Son said it was time to go into offensive mode.

The group has turned defensive after suffering significant investment losses at its Vision Fund investing arm.

For the fiscal year that concluded on March 31, SoftBank reported a net loss of 970 billion yen ($6.85 billion), offsetting losses at the Vision Fund division by decreasing its share in Alibaba.

Yoshimitsu Goto, the organization’s chief financial officer, stated this month that the organization wants to make sure it doesn’t miss investment chances, tempering its primary emphasis on defense.

Son claimed that he requested new adventures for Astro Boy, the venerable manga series by Tezuka Osamu, from ChatGPT, the AI-powered chatbot from the startup OpenAI.

He said that “AI was writing the story as if it were human.”

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