SoftBank’s CEO Masayoshi Son wants ARM, the Japanese firm’s recent $31 billion acquisition, to be more aggressive in developing for the future, as he talked up the potential of machine driven ‘Singularity’.
Speaking at ARM’s TechCon, the annual developer conference for the UK-based company, Son said ARM now had the licence to make longer term bets on new markets that it couldn’t do as a standalone company, reported Bloomberg, insisting he would back the company’s future ambitions.
In particular, Son is keen for ARM to push ahead with efforts to compete in the server chip business, while developing more computing technology for automobiles.
ARM’s technology is fundamental to the smartphone market, and Son said the company’s future bets need to become as important in a wide range of new markets.
“Let me worry about the financial results and believe in the future direction and capability ARM has,” he said. “That’s what I really want ARM to do. Invest more for the future. That’s the key.”
One of his visions for the future is Singularity, the idea that one day will see machine intelligence computing processing rival, and exceed, all human intelligence, causing a shift in the way numerous industries operate.
In a separate report by VentureBeat, Son said his acquisition of ARM, which he has courted for more than a decade, was motivated by this potential.
“I think the paradigm shift is coming,” he said. “The biggest theme in my view is the Singularity. There’s a huge dynamic change and opportunity. Many companies will be reinvented with super-intelligence coming to us.”
The event also marked the first time Son and ARM CEO Simon Segars made a public appearance together, since the mega acquisition closed last month.
Segars reportedly talked up ARM’s most immediate opportunity in the Internet of Things, and urged more component providers and device companies to put more effort into security.
The company this week unveiled new chip designs to deliver “new levels of security, efficiency, low power connectivity and device management, with the aim of increasing the rate of IoT scale”.
He warned that if IoT “gets this rap” of being a big security threat, people will be reluctant to adopt it.