Masayoshi Son
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AI revolution is '50x bigger' than the dotcom boom: SoftBank's Masayoshi Son to CNBC
The AI revolution is 50 times bigger than the Dotcom revolution in the 2000s, SoftBank CEO Masayoshi Son told CNBC Monday. "I think this is like more than 10x, probably 50x bigger than dotcom," Son told CNBC's Arjun Kharpal in Paris, a day after the company announced that it's investing 75 billion euros ($87 billion) to build AI infrastructure in France, including 5 GW of AI data center capacity. "Even dotcom there was a bubble and burst, but then right after that, the peak of the dotcom...
AI is designing OpenAI's next model in a sign of 'super intelligence': SoftBank's Masayoshi Son to CNBC
OpenAI's next model is being designed by another model in a sign that AI is reaching "super intelligence," SoftBank CEO Masayoshi Son told CNBC. The billionaire's comments come amid a warning from Anthropic that AI development may need to be slowed down to deal with the implications of the rapid pace of improvement. Son runs SoftBank, one of the world's biggest tech investors and one of the largest OpenAI shareholders.
SoftBank Group beats Toyota, becomes Japan's most valuable firm; CEO can thank Sam Altman
Tech investing giant SoftBank Group has dethroned Toyota to become Japan’s most valuable company, ending Toyota’s over 20-year streak at the top of the Japanese market, signaling a chang as investor enthusiasm moves from traditional manufacturing to the artificial intelligence (AI) sector. The Masayoshi Son-led firm has invested heavily in OpenAI, the maker of ChatGPT. SoftBank shares skyrocketed more than 14% this week to close at an all-time high, driving its total market valuation to a...
SoftBank pledges €75bn to build Europe’s biggest AI facility in France
Masayoshi Son places France at the centre of his global AI ambitions
SoftBank to build up AI data centres in France with major investment
SoftBank to build up AI data centres in France with major investment PARIS, May 30 : Japan's SoftBank Group will invest €45 billion over the next five years in a push to build up artificial intelligence infrastructure in France, founder Masayoshi Son told the paper La Tribune Dimanche in an interview published on Saturday. Son said the investment, described as the biggest of its kind so far in Europe, would be made in the northern Hauts-de-France region. The overall sum SoftBank intends to...
SoftBank’s OpenAI bet and rising debt are raising liquidity crunch concerns
SoftBank's ascent to becoming Japan's most valuable company has put the spotlight on the conglomerate, raising questions whether it is taking on too much risk through its highly leveraged bet on artificial intelligence. Shares of the Japanese technology investment giant, led by founder Masayoshi Son, have surged about 70% this year on investor enthusiasm over AI, buoyed by the soaring valuation of chip designer Arm Holdings and expectations that OpenAI could see a blockbuster initial public...
Investors bet humanoid robots will transform industry and homes over the next decade
Softbank CEO Masayoshi Son told CNBC this week that physical AI and robotics were where he saw the next trillion-dollar company emerging from. Humanoid robots, designed to mimic human movement and capabilities, have been hitting headlines in recent years, from their use as baggage handlers at Japanese airports to Tesla's big bet on its Optimus humanoid. Market watchers have predicted that the machines will change the world over the next decade and forecast that the industry will grow...
France's Macron invites Sam Altman to attend G7, OpenAI tells CNBC
OpenAI chief Sam Altman will be attending the G7 conference in France later this month, CNBC has learned, as President Emmanuel Macron steps up efforts to court tech leaders across the globe in support of the country's AI ambitions. France is hosting 2026's G7 conference — an annual meeting of heads of state or government — from June 15-17, with AI expected to feature prominently on the agenda. Altman was invited by Macron to participate in the Leaders Summit, OpenAI told CNBC exclusively,...
President Emmanuel Macron announces €93 billion in 'Choose France' investments
Since the first "Choose France" in 2018, a year after Macron came to power, more than 230 projects have been announced, representing several thousand jobs, according to the Élysée Palace. French President Emmanuel Macron said he was expecting "record" foreign investment amounting to €93 billion at an international conference on Monday, including for artificial intelligence and data centres. Around 200 executives from around the world are expected at the Versailles palace west of Paris for...
SoftBank shares plunge 10% amid broader tech sell-off
Shares of SoftBank fell 10% following an overnight sell-off in the U.S. market on the back of wider profit taking in the tech sector. Other Asian tech giants also saw their share prices fall. While the Japanese investment giant recently overtook Toyota Motor as Japan's most valuable company, there are market concerns over SoftBank's high-risk bets on AI, even as its share price has risen about 70% year-to-date on investor enthusiasm over the new technology.