(Bloomberg) -- SoftBank Group Corp.’s Masayoshi Son brushed aside concerns about an AI bubble, saying that such a characterization is inappropriate for a revolution that’s only just begun. He vowed to remain at the helm of his investment group much longer to capitalize on the AI boom.

SoftBank founder Masayoshi Son sees little merit in orbital data centres, the idea Elon Musk has championed, and says the AI race will be won by compute on Earth.

Top SoftBank boss Masayoshi Son challenged the economic case for putting AI data centers in space, an idea championed by Elon Musk.

By Yang Jie and Megumi Fujikawa

Founder abandons succession plan to chase artificial superintelligence