News
AI · Masayoshi Son · Net Asset Value · SoftBank
SoftBank founder Masayoshi Son announced an ambitious target to increase the tech conglomerate's net asset value to $6.189 trillion over the next decade, driven by a strategic focus on "superintelligence" artificial intelligence and its underlying physical infrastructure.
Son, speaking at an annual shareholder meeting, emphasized SoftBank's history of value creation, describing the company as a "goose laying golden AI eggs." The strategy shifts from algorithm design to the essential physical infrastructure, including chips, power, and data center capacity, aligning with SoftBank's push into robotics and mass production. Key investments like Arm, in which SoftBank holds nearly 90%, are projected to see "more than tenfold" growth from its current $391 billion valuation, positioning it as a critical processor supplier for AI.
Son also defended SoftBank's initial $2 billion Intel stake, citing its multiplied value due to U.S. national security and partnerships with Nvidia and Apple. SoftBank is finalizing a data center development MOU in Ohio, with additional projects planned for Texas, France, and Japan.
The multibillion-dollar Stargate AI infrastructure initiative, involving SoftBank, OpenAI, and Oracle, is under development to meet global AI needs. Son dismissed market "bubble" fears, expressing "all belief with zero doubt" in the nascent AI revolution and his long-term commitment.
