Softbank Group Corp (SFTBF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

First of all, I would like to introduce today's participants. From left, we have Yoshimitsu Goto, board director and CFO, CISO, and GCO. Kazuko Kimiwada, Corporate Officer, Senior Vice President, CAO and CISASO. Navneet Govil, Executive Partner in CFO, SP Investment Advisors, and SP Global Advisors. And Ian Plumpton, IR Vice President, ARM. Today's announcement is live broadcast over the Internet. Now we'd like to invite Yoshimitsu Goto to present you the earning results and the business overview. Thank you very much for joining us despite busy schedule. I'd like to end the presentation. Again, my name is Goto. Very nice to meet you. The error is AI and our focus is definitely AI. and we are trying to expand into different areas from AI's perspective. Looking back in 2016, Google's AI AlphaGo shocked the world by defeating one of the top Go players. It was a milestone moment. and that symbolized AI's volition toward intuition and creativity, which was thought to be unique to human. The year 2016 was around the time that the third AI boom took place. As you can see, the top part is talking about history from a technical perspective, and the bottom part is from SoftBank's perspective, what we have done in that time frame. Currently, we are in the fourth AI boom, and GenAI, like ChatGPT, is up and running. Again, the same year when AlphaGo defeated one of the top Go players, we acquired Arm, marking our deep and lasting commitment to the world of AI. Since then, we... met OpenAI, and through the SoftBank Vision Fund, we've steadily built a strong foundation, investing across the wide spectrum of AI-related companies. In 2020, Master Son, at earnings call, said that those who control AI will control the future. In 2020, not so many companies were looking at AI, especiall...