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SoftBank Group’s CEO says $5 trillion a year needed globally to meet AI demand

Worries about a bubble in artificial intelligence investments are absurd, SoftBank Group’s CEO Masayoshi Son said Tuesday, deriding such doubts as backward and akin to questioning the use of cars and planes. “To ask whether AI is a bubble is a foolish question,” Son told executives at an annual company event in Tokyo. “AI will … Read more

Jeff Bezos shares outlook on AI, space and economy: Here are the key takeaways

Amazon founder Jeff Bezos shared his views on artificial intelligence, space infrastructure, taxation, and the US economy in a wide-ranging CNBC interview. The billionaire entrepreneur said space-based data centers are becoming a realistic possibility, defended heavy AI spending despite bubble concerns, and argued that lower-income Americans should pay no federal income tax. Here are some … Read more

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