(Bloomberg) -- Masayoshi Son has news for investors still reeling from SoftBank Group Corp.’s surprise $32 billion acquisition of ARM Holdings Plc -- the singularity is near.
The chief executive officer of the Japanese technology company took the stage at the annual SoftBank World conference in Tokyo to talk about this week’s announcement of his plan to buy the U.K.-based chip designer. ARM will play a key role in bringing about advanced artificial intelligence, he said. That could happen as early as 2018, when the number of transistors on a chip is projected to exceed the number of cells in a human brain, according to Son.
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