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Market Chatter: SoftBank CEO Says Group Starts Mass Production of AI-Powered Robots

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SoftBank Group's (TYO:9984) artificial intelligence-powered robots have entered the mass production phase, as the company eyes AI business expansion, The Mainichi reported Thursday, quoting group CEO Masayoshi Son.

The Japan-based investor outlined four key focus areas, including AI models, semiconductor chips, infrastructure, and robots, in the near term, as its investment in the US-based OpenAI is expected to reach $64.6 billion by October this year, the report said.

At a shareholder meeting in Tokyo, the group's CEO maintained that the company's long-term focus is on expanding its AI business, signaling continuity in leadership, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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