BUSINESSJul 14 · 11:30 UTCWPLG LOCAL 10 MIAMIBy MAYUKO ONO, Associated Press

SoftBank Group's CEO says $5 trillion a year needed globally to meet AI demand

SoftBank Group's CEO Masayoshi Son claims $5 trillion annually is needed globally to meet AI demand, dismissing concerns about AI investment bubbles. He predicts AI will transform industries and replace 20% of global GDP by 2040, with SoftBank investing heavily in AI-related ventures like OpenAI and next-generation energy infrastructure.

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SoftBankorganizationMasayoshi SonpersonAItopicOpenAIorganizationNvidiaorganizationVision Fundsorganization

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