SoftBank CEO Masayoshi Son told CNBC that the AI revolution is 50 times bigger than the dotcom boom of the 2000s. Son made the statement in Paris a day after SoftBank announced a 75 billion euro ($87 billion) investment to build AI infrastructure in France. The investment includes 5 GW of AI data center capacity, with 3.1 GW planned in the Hauts-de-France region by 2031. Son described AI as the biggest technological revolution mankind has ever experienced, comparing its current stage to the beginning of the internet. He noted that the dotcom crash was just a small bump in a much larger long-term growth story. SoftBank is also expanding similar AI infrastructure investments in the United States.
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America's AI boom is carrying more than investors admit
Summary by ByteBrief