Softbank gets hard for data-powered AI » Banking Technology

"Those who rule chips will rule the entire world. Those who rule data will rule the entire world. That's what people of the future will say." The words of Softbank's founder and CEO Masayoshi Son, who was bigging up his company at a presentation in Tokyo and laying down some future plans that artificial intelligence (AI) and data are very much at the heart of the company. According to the Associated Press (AP), who sat in on the event, Son, like quite a few other people, says "AI combined with data gathered by billions of sensors will bring on an'information revolution', that will benefit people more than the 19th century Industrial Revolution".