Masayoshi Son, Claims To Be A Heavy User Of ChatGPT, Use It For Investment

JAKARTA - Masayoshi Son, Chief Executive of SoftBank Group, said Tuesday June 20 that he is a "heavy user" of ChatGPT, an artificial intelligence-based chatbot from startup company OpenAI backed by Microsoft.

"I talk to ChatGPT every day - I'm a tough user," Son told shareholders of his group's telecommunications subsidiary.

In the midst of excitement at artificial intelligence, Son has stepped down from public statements in recent months to focus on Arm's chip designer's initial public offering plan, while its tech investment conglomerate has recorded heavy losses due to the continuing down portfolio value.

Son also said he spoke "nearly every day" with OpenAI CEO Sam Altman, who has made a high-ranking visit to officials in Tokyo this year with the aim of leveraging interest in generative artificial intelligence and influencing emerging technology regulations around the world.

The San Francisco-based startup is backed by investment from Microsoft, which is considered a leader in artificial intelligence adoption and has started a number of artificial intelligence increases.

SoftBank will hold its annual rally on Wednesday, June 21 with markets seeking details about Son's investment views as interest in artificial intelligence boosts capital expenditures worldwide.

Son has long argued that artificial intelligence is the driving force behind his investment activities, but he has to face a very well-known failure such as the WeWork room-sharing company and the weakening of his favorite high-growth startups valuation.

Arm's successful listing of shares, based in Cambridge, England, will be considered a much-needed victory for this debted Japanese conglomerate, whose long-term credit rating last month was demoted by S&P Global Ratings citing his exposition of unregistered companies.

As observers debate Son's ability to vote for a winner in an economy that is expected to be increasingly driven by artificial intelligence, his group's shares have been involved in the furore of chip stocks and shares related to artificial intelligence, up about 30% this quarter.