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Yossi Cohen appointed strategic advisor at SoftBank as fund pivots toward AI

Yossi Cohen, former director of Israel's Mossad intelligence agency, has been appointed strategic advisor at SoftBank, moving closer to founder Masayoshi Son with a mandate spanning AI, semiconductors, and data centers. Cohen, who joined SoftBank in July 2021 to lead Israeli operations, previously oversaw Vision Fund investments in cybersecurity firms including Wiz, which rose from a $12 billion to a $32 billion valuation. SoftBank's pivot to AI is reflected in its Q2 2026 results, with an $8.2 billion profit from an Intel investment and a $1.7 billion valuation increase in the Vision Fund driven by ByteDance and OpenAI-related holdings.

read2 min views1 publishedAug 19, 2026
Yossi Cohen appointed strategic advisor at SoftBank as fund pivots toward AI
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Via jpost.com

The former Mossad chief moves from running SoftBank's Israeli operations to a role closer to Masayoshi Son's inner circle, with a mandate spanning AI, semiconductors, and data centers.

Yossi Cohen, the former director of Israel’s Mossad intelligence agency, has been elevated to strategic advisor at SoftBank, placing him closer to the organization’s top decision-making levels and to founder Masayoshi Son personally. The appointment, first reported by Israeli business publication Globes, marks a significant upgrade from Cohen’s previous role heading SoftBank’s Israeli operations.

Cohen originally joined the Japanese investment giant in July 2021, working within the framework of Vision Fund 2 to scout and manage investments in Israeli tech companies. His new position expands his remit well beyond Israel, with a focus on artificial intelligence, data centers, cloud processing, and semiconductor investments.

A track record built on cybersecurity wins #

Cohen’s promotion didn’t come out of nowhere. During his time leading Israeli operations, he oversaw Vision Fund investments in several notable cybersecurity firms, generating substantial returns.

The most eye-catching: Wiz. SoftBank invested in the cybersecurity company at a $12 billion valuation, and the firm subsequently reached a $32 billion valuation. Cohen reportedly delivered several hundred million shekels in profit from those Wiz investments alone.

A five-year stint running one of the world’s most sophisticated intelligence agencies (2016 to 2021) tends to sharpen one’s ability to assess technology with national security implications, exactly the kind of technology that commands premium valuations in today’s market.

SoftBank’s AI-first pivot #

Cohen’s new role fits neatly into a broader strategic transformation at SoftBank. The company has been making direct investments in AI enablers, with positions in OpenAI and ARM representing the core of that thesis.

The numbers suggest the strategy is working. SoftBank recorded an $8.2 billion profit from an Intel investment in Q2 2026. The Vision Fund also saw a $1.7 billion valuation increase during the same quarter, driven by performance in ByteDance and OpenAI-related holdings.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our

Editorial Policy.

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