At the shareholders’ assembly held on the twenty first, Masayoshi Son, president of the SoftBank Group, stated, “The revolution of AI = artificial intelligence will grow explosively from now on. The time for a reversal offensive is approaching.” expressed willingness to renew funding.
At the SoftBank Group’s shareholders’ assembly held in Tokyo, President Son, who had been away from the middle stage for the reason that monetary outcomes convention held in November final yr, took the stage himself.
In this, President Son stated, “The AI revolution is lastly going to blow up in earnest,” and clarified that preparations are underway for using AI and the event of providers.
In the final yr’s monetary outcomes, the ultimate revenue and loss was a deficit of greater than 970 billion yen, and the corporate has restrained new funding. We have greater than 5 trillion yen in money readily available, and we now have been in a position to defend ourselves sufficiently.
On prime of that, concerning “Arm”, a British semiconductor growth firm beneath its umbrella, which is aiming to be listed this yr, “Some people said that after the acquisition, they spent a lot of money and threw money into the drain, Arm has finally entered a period of explosive growth,” he stated, emphasizing the coverage of drawing up the corporate’s progress technique with Arm at its core.
On the opposite hand, when a shareholder requested a few successor, Son stated, “I’m so excited that I don’t want to retire yet. A successor is a little further away.”