SoftBank’s Stargate project is an ambitious $500 billion investment program that aims to drive the company to become a global technology leader through the artificial intelligence (AI) revolution.
CEO Masayoshi Son regards AI as the decisive technology of the 21st century, betting on its potential to change industries such as medical care and transportation, and redefine human lifestyles. However, this huge bet is accompanied by high risks: financial pressure is huge, and competitors "in-depth search" challenge SoftBank's luxury vision with a low-cost, democratized AI model.
The success or failure of the project will determine whether SoftBank will fly to an AI-led future or fall into the financial abyss. The whole world is waiting and seeing.