SoftBank’s Son says calling AI a bubble is ‘an insult’
At SoftBank Group’s annual shareholders’ meeting in Tokyo on Wednesday, the founder and chief executive was asked, as he is asked at almost every public appearance now, whether the artificial intelligence boom that has driven his fortune to record highs is a bubble waiting to deflate. He treated the question itself as the problem. To […]<br /> This story continues at The Next Web [...]
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SoftBank's acquisition of AI chip designer Ampere may be facing an FTC probe
SoftBank's $6.5 billion acquisition of AI-chip designer Ampere is facing an in-depth US government probe that may delay the deal, according to Bloomberg. The Federal Trade Commission (FTC) has op [...]
Stop calling it 'The AI bubble': It's actually multiple bubbles, each with a different expiration date
It’s the question on everyone’s minds and lips: Are we in an AI bubble?It's the wrong question. The real question is: Which AI bubble are we in, and when will each one burst?The debate over w [...]
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OpenAI and Softbank team up for a $500 billion AI data center venture
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Masayoshi Son says AI will cost $5tn a year by 2040, and calls bubble talk absurd
“Every year $5 trillion, or 800 trillion yen, you might think that’s a lie, but I am confident that’s what it will cost.” That was Masayoshi Son on Tuesday, at SoftBank’s annual corporate co [...]
SoftBank briefly became Japan’s most valuable company. The last time that happened was February 2000.
SoftBank knocked Toyota off its perch as Japan’s most valuable company last week, after a stock rally inflated the conglomerate’s market capitalisation by more than $120 billion in six months. T [...]
SoftBank and OpenAI launch “Patching as a Service” to defend Japan’s critical infrastructure
SoftBank and OpenAI are moving into cyber defence. The two said on Tuesday they are launching “Patching as a Service,” a security product built on OpenAI’s technology, to shield the companies be [...]
OpenAI secures another $110 billion in funding from Amazon, NVIDIA and SoftBank
OpenAI just announced a massive funding round of $110 billion, which is one of the biggest investment rounds in Silicon Valley history. The investors feature many of the usual suspects, including Amaz [...]
SoftBank is investing €75 billion to build 5 gigawatts of AI data centres in France. It’s Son’s biggest European bet.
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