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Insiders reveal that Japan's technology investment giant, SoftBank Group, is seeking financing for a massive $10 billion AI-related investment plan. This significant investment is primarily focused on the energy sector and reflects the profound impact of the current AI boom on traditional industries.After a near silence of nearly a year, SoftBank CEO Masayoshi Son has recently re-emerged in the public eye. He has expressed great enthusiasm for the future development of AI and outlined his ambiti

Saudi Aramco CEO Amin Nasser has warned that new technologies, particularly generative AI, pose new threats to the energy sector. He calls for global cooperation to establish international standards to mitigate the negative impacts of AI. The energy industry is vulnerable to disruption, and any large-scale interference would have significant global repercussions.