Cointime

Download App
iOS & Android

Softbank CEO says company’s purpose is to create ‘artificial super intelligence’

Validated Media

The founder and CEO of Japanese investment conglomerate Softbank, Masayoshi Son, believes artificial intelligence (AI) will be one to 10 times smarter than humans by 2030 and 10,000 times smarter by 2035. 

Son’s comments came during Softbank’s annual meeting in Tokyo on June 21. There, he addressed employees in what’s being called an emotional speech laying out the company’s priorities going forward.

Artificial Super Intelligence

The main takeaway from Son’s commentary appears to be that Softbank is dedicating itself to the development of an “artificial super intelligence” (ASI) that’ll be capable of upending human life as we know it.

During his speech, Son discussed both artificial general intelligence (AGI) and ASI. The difference between the two, according to the Softbank CEO, is that an AGI system would demonstrate the equivalent of a human “genius,” with up to a 10X factor.

An ASI, on the other hand, would have 10,000 times the intelligence or capabilities of a human — ostensibly far beyond the realm of the human brain’s limited potential.

It bears mention that there currently exists no scientific consensus as to what an AGI or ASI would be capable of or if such an entity is possible with modern technology. To date, AI systems capable of human-level reasoning remain theoretical.

Stock market reaction

Son went on to discuss both Softbank’s future and his own mortality, something which may have spooked some investors as the company saw its shares dip by more than three percent when the Tokyo stock exchange closed after the meeting.

Per a video of the event seen by Cointelegraph, Son stated that two years ago he realized that he was “getting old,” and apparently wanted to do more with his life before its end.

He added:

“SoftBank was founded for what purpose? For what purpose was Masa Son born? It may sound strange, but I think I was born to realize ASI. I am super serious about it.”

AI
Comments

All Comments

Recommended for you

  • 38,244.04 DMD Permanently Burned in the Past 7 Days

    On June 25, 2026, the latest on-chain data from DMDAO revealed that a total of 38,244.04 DMD has been permanently burned through the established transaction and wealth management burn mechanisms over the past 7 calendar days.

  • BTC Falls Below $60,000

    Market data shows that BTC has fallen below $60,000, currently priced at $59,954.84, with a 24-hour decline of 4.19%. The market is experiencing significant volatility, so please ensure proper risk management.

  • ETH Drops Below $1600

    Market data shows that ETH has fallen below $1600, currently priced at $1597.55, with a 24-hour decline of 3.81%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Billionaire Philippe Laffont Prefers Investing in Space Over Bitcoin

    Philippe Laffont, founder and portfolio manager of Coatue Management, stated on the Squawk Box program that he is currently unable to determine his stance on Bitcoin. He mentioned that he is rethinking Bitcoin's positioning and expressed a preference for investing in space over Bitcoin. (thestreet)

  • Tech Giants' Data Center Leasing Commitments Exceed $850 Billion

    On June 24, an analysis by Bloomberg of regulatory filings revealed that as tech giants compete to expand their server clusters, the total amount of future data center leasing commitments by large cloud computing companies has continued to rise over the past year, surpassing $850 billion. Last quarter, Meta added leasing commitments of $79 billion, a 76% increase from the previous period; as of March 31, the total reached $182.9 billion. Meta CEO Mark Zuckerberg has stated that the company plans to invest hundreds of billions of dollars in AI infrastructure by 2030. Microsoft followed closely, adding over $41 billion in leasing commitments, bringing its total to $196.6 billion.

  • Address with $34.61 Million Long Position in 21,000 ETH Faces $1.696 Million Loss at 18x Leverage

    According to on-chain analyst Ai Yi, a certain address took a long position of 21,000 ETH with 18x leverage yesterday, amounting to approximately $34.61 million. Currently, it is facing an unrealized loss of $1.696 million, with an opening price of $1,728.5 and a liquidation price of $1,590.1.

  • U.S. 10-Year Treasury Yield Falls to 4.4138%, Lowest Since May 11

    On June 24, the yield on U.S. 10-year Treasury bonds fell to 4.4138%, the lowest level since May 11. The yield on U.S. 30-year Treasury bonds dropped to 4.8572%, the lowest since April 15.

  • Crypto Market Liquidations Reach $134 Million in the Last Hour, with $125 Million in Long Liquidations

    According to CoinGlass data, the total liquidation amount across the network in the last hour reached $134 million, with long liquidations accounting for $125 million and short liquidations amounting to $8.539 million.

  • BTC Falls Below $61,000

    Market data shows that BTC has fallen below $61,000, currently priced at $60,986.03, with a 24-hour decline of 2.88%. The market is experiencing significant volatility, so please ensure proper risk management.

  • International Oil Prices Plunge as U.S. Oil Futures Fall Below $70

    On June 24, international crude oil prices continued to decline, with U.S. WTI crude oil futures falling below the $70 per barrel mark during trading, down 4.4% for the day, reaching a new low since March 2, and reverting to levels seen before the outbreak of the Iran conflict. Brent crude oil futures for August dropped 4.5%, settling at $73.6 per barrel. Market expectations of easing tensions in the Middle East, a recovery in Iranian oil supply, and rising interest rate expectations due to U.S. inflation have pressured oil prices.