SoftBank CEO: AI Bubble Talk Is "Blasphemy" Amid OpenAI Bet

SoftBank CEO Masayoshi Son calls it "blasphemy" to suggest there's an AI bubble. He made these remarks at his company's annual general meeting. SoftBank has committed over $64 billion to OpenAI, making it the largest investor. Son believes this AI revolution is "more than 10x, probably 50x bigger than dot-com." He acknowledges there might be corrections, but sees them as investment opportunities. Some SoftBank insiders, however, reportedly worry about the large investment in OpenAI, citing concerns about the company's cash burn and struggles. This perspective highlights the ongoing debate about the future of AI investment.