SoftBank CEO Masayoshi Son said on Tuesday that NVIDIA is undervalued and added that developing artificial intelligence requires huge amounts of capital. Son stated at the Future Investment Initiative summit in Saudi Arabia that achieving artificial superintelligence could require up to $90 trillion and 200 million chips. He emphasized the necessity of continued investment and pointed out that the progress of artificial intelligence technology relies on hundreds of billions of dollars. Son stated that by 2035, artificial intelligence is expected to be 10,000 times smarter than the human brain. Son also mentioned that he is reserving "hundreds of billions of dollars" to take "the next big step." In February this year, there were reports that Son is seeking investors to help implement a $100 billion plan aimed at promoting global supply of AI-focused chips
According to the information from the Smart Finance app, SoftBank (SFTBY.US) CEO Masayoshi Son stated on Tuesday that NVIDIA (NVDA.US) is undervalued and added that developing artificial intelligence requires huge amounts of capital. Son mentioned at the Future Investment Initiative summit in Saudi Arabia that achieving artificial superintelligence may require up to $90 trillion and 200 million chips. He emphasized the necessity of continuous investment and pointed out that the progress of artificial intelligence technology relies on hundreds of billions of dollars.
Son stated that by 2035, artificial intelligence is expected to be 10,000 times smarter than the human brain. Son also mentioned that he is setting aside "tens of billions of dollars" to take "the next big step." In February of this year, there were reports that Son is seeking investors to help implement a $100 billion plan aimed at promoting the global supply of AI-focused chips