SoftBank is heavily investing in OpenAI, planning to allocate approximately 4.8 trillion Japanese yen (around $33.2 billion). CEO Masayoshi Son believes OpenAI, currently unlisted and unprofitable, will become the most valuable company globally. At a shareholder meeting, he outlined SoftBank’s ambition to lead in the artificial superintelligence (ASI) era, which he describes as AI exceeding human intelligence by a factor of 10,000. Son revealed that OpenAI CEO Sam Altman had previously sought a $10 billion investment from SoftBank, but Altman ultimately partnered with Microsoft. Despite recent tensions between Microsoft and OpenAI, Son affirmed SoftBank’s commitment to support OpenAI, regardless of any shifts in their relationship. He envisions OpenAI as a central player in the ASI landscape within the next decade. Moreover, SoftBank continues to expand its tech portfolio, owning Arm and acquiring Ampere for $6.5 billion, while exploring a $1 trillion AI-focused industrial complex in the U.S.
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Masayoshi Son: SoftBank Founder Forecasts the Next AI Giant to Surpass Nvidia, Microsoft, and Apple
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