Wednesday, 15 July, 2026
Son Doubles Down on AI: Dismisses Bubble Fears After Offloading Nvidia Stake
By TechShots Studio
SoftBank Group CEO Masayoshi Son dismissed concerns about an artificial intelligence bubble as "a foolish question." To fund his massive AI ambitions, SoftBank sold its $5.83 billion stake in Nvidia. Son predicts AI will entirely transform lives and generate massive profits, forecasting that AI-related industries will replace roughly 20% of the world's GDP by the year 2040.
Read full story at TIMES OF INDIA