TOKYO -- Japanese investment powerhouse SoftBank Group reiterated its confidence in the future of artificial intelligence on Wednesday after investors' reevaluation of the technology's potential contributed to a global market rout this week.
"We believe in AI, and believe it can change people's lives," said Yoshimitsu Goto, the conglomerate's chief financial officer, in a briefing following the announcement of its earnings for the April-June quarter. "We will continue pursuing the realization of artificial superintelligence through strategic AI investments."
