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Masayoshi Son rushes to Indonesia with plans for a 'smart capital'

CEO says he wants to bring 'a lot of artificial intelligence' to jungle city

Masayoshi Son, CEO of SoftBank Group, talks with Indonesian president Joko Widodo on the country's new capital (Photo by Erwida Maulia)

JAKARTA -- Masayoshi Son, CEO of Japan's SoftBank Group, revealed plans to invest in Indonesia's new capital and to bring the latest technology and "a lot of artificial intelligence" to the smart city project.

The revelation came after a meeting with President Joko Widodo on Friday, and follows Son's vow in July to put $2 billion over five years into Indonesia through funds already invested in Grab, the Singapore-based ride hailing company.

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