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The Economic Times
The Economic Times

SoftBank's Masayoshi Son says AI will need $5 trillion per year by 2040, dismisses bubble talk

Masayoshi Son SoftBank GDP OpenAI

The development of AI will require investment of $5 trillion each year by ​2040, and any talk of a bubble ​forming around the technology is "absurd", SoftBank Group CEO Masayoshi Son said on ​Tuesday.

Over the past two years, the technology investment group has embarked on an expansive investment programme to establish itself as a core AI platform, putting tens of billions into OpenAI, financing data centres and investing in robotics firms.

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