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SoftBank aims to become leading ‘artificial super intelligence’ platform provider

SoftBank Group CEO Masayoshi Son on Friday said he wants the Japanese technology investment group to become the biggest platform provider for “artificial super intelligence” within the next 10 years.

“We want to become the organiser of the industry in the artificial super intelligence era,” Son told shareholders at the group’s annual shareholder meeting.

Son likened his aim to the position of dominant technology platform providers such as Microsoft, Amazon and Alphabet’s Google, which benefit from a “winner takes all” dynamic.

At previous public appearances Son has described artificial super intelligence as AI technology that is able to exceed human capabilities by a factor of 10,000.

SoftBank has returned to making the aggressive investments that made Son’s name, such as an early bet on Alibaba, but that at times spectacularly backfired, like its massive investment in failed shared office provider WeWork.

Its AI-related deals this year include acquiring U.S. semiconductor designer Ampere for $6.5 billion and the underwriting of up to $40 billion of new investment in ChatGPT maker OpenAI.

Son said SoftBank’s total agreed investment in OpenAI now stood at $32 billion since first investing in Autumn 2024 and that he regretted not investing earlier. He also said he expected OpenAI to eventually list publicly.