00:00It's Benzinga, bringing Wall Street to Main Street.
00:02SoftBank CEO Masayoshi.
00:05Sun told CNBC on Monday that humanoid and industrial robotics represent the next trillion-dollar business opportunity,
00:12with physical AI at the core.
00:15In a conversation with CNBC's Arjun Karpal on Monday,
00:19Sun said the AI revolution is 50 times bigger than the dot-com boom
00:24and called it just the beginning of a technological revolution that could last 50 to 100 years.
00:30He rejected the idea of an AI bubble and said market corrections could be buying opportunities.
00:36SoftBank acquired the robotics division of Swiss engineering firm ABB for $5.4 billion in October.
00:43The company is also planning a $100 billion IPO for its AI robotics venture Rose AI
00:49and has tapped Goldman Sachs, J.P. Morgan, Mizuho, and Morgan Stanley for the offering.
00:55For all things money, visit Benzinga.com.
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