Poging GOUD - Vrij
Son and Altman See No End to AI Demand
Business Standard
|July 17, 2025
SoftBank Group Corp founder Masayoshi Son and OpenAI chief Sam Altman see insatiable demand for AI that makes it imperative to keep building ever more computing capacity.
Speaking via teleconference at SoftBank World, the two business partners argued that advancing artificial intelligence would lead to new jobs that are not yet imagined, and the advancement of robotics will help kickstart a "self-improvement" loop.
"As we drive the cost of AI down, more people want to use it," Altman said in response to Son's question about diminishing returns from further expansion. "So if we make the cost of AI 10 times cheaper, people will use it 30 times as much or whatever. And the demand for intelligence in the world just seems to be huge."
Dit verhaal komt uit de July 17, 2025-editie van Business Standard.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Business Standard
Business Standard
FinMin in talks with Sebi, RBI on crypto exchanges
The Ministry of Finance (FinMin) is in discussions with the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) ahead of the Union Budget 2026-27 to firm up a regulatory framework for crypto exchanges, official sources said.
2 mins
January 14, 2026
Business Standard
Meta to fire 10% of VR unit staffers to focus on AI division
Meta plans to cut around 10 per cent of the employees in its Reality Labs division who work on products including the metaverse, according to three people with knowledge of the discussions, as the company shifts priorities to build next-generation artificial intelligence.
1 min
January 14, 2026
Business Standard
Training citizens out of reality
What use is infinite information if no one can tell truth from performance?
3 mins
January 14, 2026
Business Standard
Work-life balance tops job wish list for India's Gen Z
Infosys co-founder N R Narayana Murthy may still be extolling the virtues of a 72-hour work week. But Gen Z — broadly defined as those born between 1997 and 2012 — appears to be marching to a very different drumbeat: In a latest survey, nearly half of the 23,000 respondents from this age group said that the single most important factor when evaluating a job offer is, quite simply, “work-life balance”.
2 mins
January 14, 2026
Business Standard
German Chancellor visits Bosch campus in Bengaluru
German Chancellor Friedrich Merz's visit to the Bosch campus here on Tuesday underscored the deep economic and technological ties between India and Germany in the areas of mobility, manufacturing and innovation, the company said.
1 min
January 14, 2026
Business Standard
On table: Licence regime for corporate biz correspondents
The Reserve Bank of India (RBI) is likely to consider introducing a licensing regime for corporate business correspondent (BC) channels, a move that would bring currently unregulated fintech companies operating in the segment under the regulator's direct oversight, according to three people familiar with the matter.
2 mins
January 14, 2026
Business Standard
Elie Saab forays into Indian branded residence market with M3M group
ELIE SAAB IS PREPARING TO OPEN ITS FIRST READY-TO-WEAR BOUTIQUE SHOP IN INDIA LATER THIS YEAR
1 mins
January 14, 2026
Business Standard
Govt bonds won't be in Bloomberg Index, for now
Operational, mkt infra issues key reasons; next update by mid-2026
2 mins
January 14, 2026
Business Standard
Building partnerships
German Chancellor's visit raises hopes of EU FTA
2 mins
January 14, 2026
Business Standard
World Bank raises FY27 India growth forecast to 6.5%
‘The World Bank on Tuesday upgraded its FY27 growth forecast for India to 6.5 per cent from 6.3 per cent projected in October last year on the back of firmer domestic demand and export performance, which has proved more resilient than earlier expected.
2 mins
January 14, 2026
Listen
Translate
Change font size
