Source: Fortune
Summary
SoftBank CEO Masayoshi Son dismissed Elon Musk’s plans for orbital data centers, saying it will take too long and cost too much. Instead, SoftBank is focusing on building data centers on Earth. Son also set a target of raising SoftBank’s net asset value to 1 quadrillion yen ($6.4 trillion) over the next 16 years, fueled by its pursuit of “artificial superintelligence.” The disagreement between Son and Musk is the latest flashpoint between the two billionaires.
Our Reading
The numbers tell one story.
Masayoshi Son and Elon Musk are at odds over the feasibility of orbital data centers. Son thinks it’s a bad idea, while Musk is betting big on it. SoftBank is investing $19 billion in the Stargate project, which aims to build AI infrastructure across the US. Son believes that building data centers on Earth is the way to go, while Musk thinks that orbital data centers will be the future. The disagreement highlights the different approaches of the two billionaires to the AI race.
Son’s comment that “He who strikes first wins” suggests that he’s not interested in waiting for Musk’s orbital data centers to become a reality.
The fact that SoftBank is investing heavily in AI infrastructure on Earth, while Musk is chasing a more ambitious and expensive goal, highlights the different risk appetites of the two billionaires.
Son’s dismissive tone towards Musk’s plans suggests that he’s not worried about the competition.
The disagreement between Son and Musk is just the latest chapter in their long-running rivalry.
Author: Evan Null
