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SoftBank CEO says AI is "50x bigger" than dotcom boom

by TechDefused Newsroom
The image depicts a large empty shop window with a blank white interior, featuring a prominently displayed A4 sheet of paper that reads 'FOR SALE.' The window reflects the surrounding street scene, including buildings, trees, and the sky, creating a visual interplay between the sign and its environment. The interior is stripped bare, signifying vacancy and opportunity. aiImage created using AI — nano_banana_2

SoftBank Group CEO Masayoshi Son told CNBC that artificial intelligence will be "50x bigger" than the dotcom boom.

He made the remarks in an exclusive interview with CNBC's Arjun Kharpal in Paris.

Son described the opportunities in artificial intelligence as "tremendous" and framed a market pullback as an opening to buy.

"We think any market correction is the best investment opportunity time," he said.

Son is the founder and chief executive of SoftBank Group.

by TechDefused Newsroom