15-July-2026
Corporate News
 
SoftBank's Son Says AI Will Need $5 Trillion Per Year by 2040, Dismisses Bubble Talk
14-Jul-2026

The development of AI will require investment of $5 trillion each year by 2040, and any talk of a bubble forming around the technology is "absurd", SoftBank Group CEO Masayoshi Son said on Tuesday. Over the past two years, the technology investment group has embarked on an expansive investment programme to establish itself as a core AI platform, putting tens of billions into OpenAI, financing data centres and investing in robotics firms.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-14/softbanks-son-says-ai-will-need-5-trillion-per-year-by-2040-dismisses-bubble-talk