October 31, 2024 – According to a report by Reuters, Masayoshi Son, the CEO of SoftBank Group, reiterated on Tuesday (29th) his strong belief in the imminent arrival of Artificial Super Intelligence (ASI). He estimated that achieving this vision would require an investment of hundreds of billions of dollars.
During a conference in Riyadh, Saudi Arabia, Son addressed global business, technology, and financial leaders, stating that ASI would possess intelligence 10,000 times that of the human brain. He predicted its emergence by 2035 and is currently raising funds to prepare for the next “significant move.”

Furthermore, Son forecasted that the infrastructure for generative AI, including data centers and chips, would demand a total capital investment of $900 trillion. He also expressed the view that NVIDIA is currently undervalued based on its current market estimation.
Known for his advocacy of emerging technologies and successful bets on the expansion of mobile internet and e-commerce, Son has amassed a considerable fortune. However, his investment performance has been mixed. Since 2017, SoftBank’s massive Vision Fund has made waves in the venture capital sector, but many of the high-growth startups it invested in have seen significant valuation declines. As of the end of June 2024, these funds had incurred a total loss of $2.4 billion.
In July of this year, after being out of the public eye for about a year, Son reemerged with the ambition to establish SoftBank as a leader in the field of AI.