Asia's tech giants give AI bull run a new centre of gravity - Reuters
Asia's tech giants give AI bull run a new centre of gravity Reuters
Coverage by Political Leaning
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Notable Quotes
"2026 is off to a terrific start."
— Sundar Pichai , Executive
"AI would amplify people’s ability to do what they want."
— Mark Zuckerberg , Executive
"I vividly remember the first time he invited me to his home for dinner and sitting on his porch over a glass of wine, he started talking to me about singularity – the point at which machine intelligence overtakes human intelligence."
— Alok Sama , Executive
"SoftBank was founded for what purpose? For what purpose was Masa Son born? It may sound strange, but I think I was born to realize ASI."
— Masayoshi Son , Executive
"We've not seen this in the private market ever."
— Kelly Rodriques , Executive
"We are in a bubble."
— Sam Altman , Executive
"You should expect OpenAI to spend trillions of dollars on datacenter construction."
— Sam Altman , Executive
"We are vigorously advancing a three-year, 380 billion [yuan] AI infrastructure initiative with plans to sustain and further increase our investment according to our strategic vision in anticipation of the [artificial superintelligence] era."
— Eddie Wu , Executive
Key People
Alok Sama is a former finance chief and president at SoftBank.
Eddie Wu is the Chief Executive Officer of Alibaba.
Elon Musk is the CEO of SpaceX and Tesla.
Jensen Huang is the CEO of Nvidia, a leading company in AI and semiconductor technology.
Kelly Rodriques is the CEO of Forge Global.
Mark Zuckerberg is the founder of Meta, the company formerly known as Facebook.
Masayoshi Son is the founder and CEO of SoftBank Group Corporation.
Chief executive officer of OpenAI.
Sundar Pichai is the CEO of Alphabet Inc. and Google.
Tags
All Coverage
<a href="https://news.google.com/rss/articles/CBMirAFBVV95cUxQSzR6cGFUcThtaGZldmJ5WmhiaXhIMFdvMElpcmF3bEJoaFVpVFZBUlZOV2gwdjU5bGt2TVNoV0dPeXhDRklZb1RSRDhxMmd5WlB1djV0WTd3eGRpMmIwNjdSdDltQmlfV1lOWWxvWWhETGpHVVIxS2VHdTV3Vi1Pa2V6MzYzR2g1YVRONERVZXNyMXd5YklPTkVRTVZGTU9kV21QOUh4bFdITE9m?oc=5" target="_blank">Asia's tech giants give AI bull run a new centre of gravity</a> <font color="#6f6f6f">Reuters</font>
Major tech companies like Google, Microsoft, and Amazon report strong earnings, indicating a positive outlook for the AI boom and the US stock market.
Asian billionaires, including Masayoshi Son and Mukesh Ambani, are leading the expansion of AI infrastructure in the Asia-Pacific region.
Masayoshi Son, CEO of SoftBank, is heavily investing in AI, including acquiring chip designer Arm and investing in OpenAI.
OpenAI and six other tech startups have seen their valuations soar, reaching a combined $1.3 trillion, leading the private market surge.
Alibaba's shares surged over 6% after CEO Eddie Wu announced plans to increase spending on AI models and infrastructure development.
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