Artificial superintelligence will be 10,000 times smarter than the human brain and will exist by 2035, Son told an audience of global business, technology and finance leaders at a conference in Riyadh, Saudi Arabia.
Son said he is saving money “so I can take the next big step,” but gave no details about his investment plans.
He predicted that generative AI will require $900 trillion in cumulative capital expenditures in data centers and chips in the future, adding that he thought chipmaker Nvidia was undervalued on this basis.
Son has long touted the promise of new technologies, making his name and fortune with successful bets on the spread of mobile Internet and e-commerce.
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However, his track record as an investor is patchy. The launch of SoftBank’s massive Vision Fund investment vehicle in 2017 rocked the venture capital world, but many of the funds’ high-growth startups have crashed in value.
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The funds were down a total of $2.4 billion by the end of June 2024. The Saudi sovereign wealth fund PIF invested $45 billion in the first Vision Fund.
