Masayoshi Son Bets Big on AI as Nvidia Soars and Super AI Looms

SoftBank CEO Masayoshi Son recently expressed his belief that, despite Nvidia's meteoric rise in stock value, the company remains undervalued. As the driving force behind technological advancements in artificial intelligence, Nvidia's GPU chips hold a vital role, and Son anticipates that future spending in AI will only accelerate, benefitting the company significantly.

At the Future Investment Initiative summit in Saudi Arabia, Son remarked on AI's vast future and voiced his confidence in the emergence of "super AI" by 2035. He imagines a future where AI systems exceed human brainpower by a factor of 10,000. Achieving this will require colossal resources, including over 200 million GPU chips and a staggering $9 trillion in capital expenditures.

Son sees these investments as justified given the potential profitability of super AI, speculating that it could replace 5% of the global GDP within a decade, generating an annual profit of up to $4 trillion. Such figures underscore his commitment to further AI investment, steering SoftBank away from traditional venture capital and into the realm of semiconductors and AI.

This pivot is evident in SoftBank’s recent endeavors, such as contributing $500 million to an OpenAI funding round and maintaining significant holdings in Arm Holdings. Despite past missteps, including selling Nvidia shares in 2019 that would today be worth over $160 billion, Son remains resolute in navigating the AI landscape.

Nvidia’s stock has surged about 190% this year, reflecting the fervent bullish market sentiment towards AI. Recently, Nvidia even momentarily outstripped Apple as the world's most valuable corporation. Son's strategic refocusing and advocacy for AI amplify the sector's transformative promise, as highlighted by Nvidia's stock trajectory and AI growth prospects.