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BUSINESSJul 14 · 11:25 UTCWDIV CLICKONDETROITMayuko Ono, Associated Press

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

SoftBank Group CEO Masayoshi Son dismissed concerns about an AI investment bubble, stating $5 trillion annually is needed globally to expand AI infrastructure. He projected AI-related industries could account for 20% of global GDP by 2040, citing SoftBank's profits from AI investments and new ventures in data centers and electricity infrastructure.

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SoftBankorganizationMasayoshi SonpersonAItopicOpenAIorganizationNvidiaorganizationdata centerstopicelectricity infrastructuretopic
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