"I am investing in many companies which are utilising AI to disrupt all kinds of industries," Masa said. STOCKHOLM (Reuters) SoftBank Group Corp Chief Executive Masayoshi Son said on Friday he expects mass production of self-driving vehicles to start in two years. Son, who made his name for investing early in startups such as China's Alibaba Group (9988.HK) had said he will continue to take stakes in public companies he thinks are frontrunners in the artificial intelligence (AI) race. 1 / 2 SoftBank's Son expects mass production of driverless cars in two years FILE PHOTO: Japan's SoftBank Group Corp Chief Executive Masayoshi Son attends a news conference in Tokyo. STOCKHOLM: SoftBank Group Corp Chief Govt Masayoshi Son stated on Friday he expects mass manufacturing of self-driving autos to begin in two years. It has also funded the autonomous driving business of China's Didi Chuxing.Īutomakers and tech companies, including Alphabet Inc's (GOOGL.O) Waymo and Tesla Inc (TSLA.O), have been investing heavily in the autonomous driving industry. Januin Technology 0 0 0 SoftBank has stake in self-driving automobile maker Cruise, which is majority owned by Basic Motors Co, and has been testing self-driving automobiles in California. SoftBank has stake in self-driving car maker Cruise, which is majority owned by General Motors Co (GM.N), and has been testing self-driving cars in California. SoftBank's Son expects mass production of driverless cars in two years By Reuters Staff 2 Min Read Slideshow ( 2 images ) STOCKHOLM (Reuters) - SoftBank Group Corp Chief Executive. The automobile will become a real supercomputer with four wheels."
While in the first year the production of units won't be in millions, in the next several years the cost per mile in fully autonomous cars will become very cheap, Son said, speaking at a virtual meeting of the World Economic Forum. “I’m investing in lots of corporations that are utilising AI to disrupt every kind of industries,” Masa stated.STOCKHOLM, Jan 29 (Reuters) - SoftBank Group Corp (9984.T) Chief Executive Masayoshi Son said on Friday he expects mass production of self-driving vehicles to start in two years. Son, who made his title for investing early in startups resembling China’s Alibaba Group had stated he’ll proceed to take stakes in public corporations he thinks are frontrunners within the synthetic intelligence (AI) race. It has additionally funded the autonomous driving enterprise of China’s Didi Chuxing.Īutomakers and tech corporations, together with Alphabet Inc’s Waymo and Tesla Inc, have been investing closely within the autonomous driving trade. STOCKHOLM, Jan 29 (Reuters) - SoftBank Group Corp (9984.T) Chief Executive Masayoshi Son said on Friday he expects mass production of self-driving vehicles to start in two years.
SoftBank has stake in self-driving automobile maker Cruise, which is majority owned by Basic Motors Co, and has been testing self-driving automobiles in California. SoftBank Group Corp Chief Executive Masayoshi Son said on Friday he expects mass production of self-driving vehicles to start in two years. The auto will turn into an actual supercomputer with 4 wheels.” Whereas within the first yr the manufacturing of models will not be in hundreds of thousands, within the subsequent a number of years the fee per mile in totally autonomous automobiles will turn into very low cost, Son stated, talking at a digital assembly of the World Financial Discussion board. STOCKHOLM: SoftBank Group Corp Chief Govt Masayoshi Son stated on Friday he expects mass manufacturing of self-driving autos to begin in two years. By fiscal year 2023, Level 4 self-driving buses that are powered by Estonias Auve Tech and are backed by SoftBank Group are expected to be on Japanese. SoftBank has stake in self-driving automobile maker Cruise, which is majority owned by Basic Motors Co, and has been testing self-driving automobiles in California.
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