Shulou(Shulou.com)11/24 Report--

CTOnews.com June 27 news, SoftBank Group CEO Son Justice announced at the annual shareholders meeting on June 21, AI revolution is breaking out, SoftBank company will "turn to attack," and he recently announced that will develop the Japanese version of ChatGPT, and made a statement, saying,"If you can't embrace AI, you will lose the future."

According to Reuters, Son has organized a team of about 1000 people and is working on developing a Japanese version of ChatGPT.

Son said he chats daily with ChatGPT and has spoken with OpenAI CEO Sam Altman, who has made several high-profile visits to Tokyo this year and hopes to capitalize on interest in generative AI to make more impact for the emerging technology globally.

At the shareholders 'meeting on June 21, Son showed a slide entitled "Evolution Speed," showing a chart of human evolution. From the birth of mankind to the agricultural revolution, the curve was completely flat until the transition from the industrial revolution to the information revolution, when the curve rose slightly. He also said that in the next few years, due to the development of artificial intelligence, the curve will rise sharply and the slope will approach the vertical line.

Masayoshi Son said: "In the past few years, we have focused on 'defense'. Three years ago, we didn't have a lot of cash on hand. But since we have been in defensive mode, our cash on hand has increased to 5 trillion yen (about $35.3 billion). Now, we are ready to switch to offensive mode. I'm excited about this. "

CTOnews.com notes that SoftBank posted a net loss of 970 billion yen (currently about 49.276 billion yuan) for the fiscal year ended March 31 and buffered the huge losses caused by the Vision Fund division by selling its stake in Alibaba.

Son has previously chosen to stay away from press conferences and other occasions, saying he will focus on managing Arm, the company's U.K. semiconductor developer. Before the June 21 conference, SoftBank's weak performance was largely due to the decline in the share prices of AI-related technology companies invested by Vision Fund.

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