SoftBank Group Chief Executive Masayoshi Son has dismissed concerns that artificial intelligence is in a bubble, arguing that critics do not understand the scale of what is coming. He said AI development will require about $5 trillion in annual investment by 2040.finance.
Son said the spending would be needed to expand data centers, increase chip production and support the wider infrastructure behind AI. He also said AI revenue could reach 20% of global GDP by 2040, framing the investment as necessary rather than excessive.
The comments come as SoftBank continues to place big bets on AI infrastructure and related companies. In recent months, Son has described the AI revolution as far larger than the dot-com boom and has backed major infrastructure plans in France.
His remarks add to a broader debate over whether AI valuations are overheated or still early in their growth cycle. SoftBank’s stance remains firmly on the bullish side, with Son portraying the current spending wave as only the beginning of a much larger shift.
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