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Stock impact report

SoftBank CEO Vows Aggressive AI Push—Calls Past Investments Mere ‘Warm Up' [Forbes]

SOFTBANK GRP UNSP/ADR (SFTBY) 
NASDAQ:AMEX Investor Relations: softbank.jp/en/corp/irinfo/presentations
Company Research Source: Forbes
superintelligence, dismissing the firm's past investments as a mere “warm up” and hinting the firm is ready to go on the offensive with ambitious bets and capitalize on the AI boom. SoftBank Group CEO Masayoshi Son wants to bring about superintelligent AI that is 10,000 times ... [+] smarter than humans. Son his ambitious goal to bring about artificial superintelligence, a hypothetical form of AI whose cognitive abilities vastly exceed human abilities, at SoftBank's annual Son boldly SoftBank's past investments — which include some of the most successful tech bets in history on firms including Chinese internet behemoth Alibaba and British chipmaker Arm Holdings — as a mere “warm up for my great dream to realize artificial superintelligence.” The SoftBank founder did not give details on how he plans to realize his mission but did identify numerous opportunities in sectors such as AI robots, autonomous driving and data centers and said he would pursue deals that would support Ar Show less Read more
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