Masayoshi Son, CEO, Softbank Group, expressed his confidence in the coming artificial super intelligence (ASI), and said that this technology will require hundreds of billions of dollars investment to realize.
According to his prediction, generative AI will require $900 trillion in cumulative capital expenditure in data centers and chips. He feels that Nvidia, the chip maker has been undervalued on this basis.
ASI will be 10,000 times smarter than a human brain and will exist by 2035. He made this prediction at a conference in Riyadh, Saudi Arabia.
Son is saving up funds so that he can make the next big move. His record as an investor is patchy, e.g. Vision Fund, 2017 startups have crashed in value. Saudi Arabia’s sovereign wealth fund has invested $45 billion into the first Vision Fund.