STOCKHOLM: SoftBank Group Corp Chief Govt Masayoshi Son stated on Friday he expects mass manufacturing of self-driving autos to begin in two years.
Whereas within the first yr the manufacturing of models will not be in hundreds of thousands, within the subsequent a number of years the fee per mile in totally autonomous automobiles will turn into very low cost, Son stated, talking at a digital assembly of the World Financial Discussion board.
“The AI is driving for you. The auto will turn into an actual supercomputer with 4 wheels.”
SoftBank has stake in self-driving automobile maker Cruise, which is majority owned by Basic Motors Co, and has been testing self-driving automobiles in California. It has additionally funded the autonomous driving enterprise of China’s Didi Chuxing.
Automakers and tech corporations, together with Alphabet Inc’s Waymo and Tesla Inc, have been investing closely within the autonomous driving trade.
Son, who made his title for investing early in startups resembling China’s Alibaba Group had stated he’ll proceed to take stakes in public corporations he thinks are frontrunners within the synthetic intelligence (AI) race.
“I’m investing in lots of corporations that are utilising AI to disrupt every kind of industries,” Masa stated.
