Masayoshi Son, the CEO of SoftBank, is making a substantial bet on artificial intelligence (AI) following the company's first annual profit in four years, reporting a net income of 1.15 trillion yen. The profit surge was partly driven by gains from Alibaba shares and strong performance from its telecoms unit. Despite prior losses and a troubled history with investments like WeWork, Son is optimistic about AI's potential, claiming it could surpass human intelligence by 2035, as he pivots SoftBank to become a major player in this transformative field.
Masayoshi Son, after reporting his company's first profit in four years, is making a bold bet on AI, despite the inherent risks involved.
With SoftBankâs fortunes improving, Son feels increasingly confident to make significant investments in AI, believing it will revolutionize human intelligence by 2035.
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