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Your next iPhone could be thinking for itself.
Japan’s SoftBank Group is in talks to transfer a roughly 25% stake in U.K.-based chip designer ARM to its proposed Saudi-backed $100 billion technology fund.
Monday morning at the Mobile World Congress trade show in Barcelona, SoftBank (9984JP) chairman Masayoshi Son gave a keynote to answer the question “Why do I spend so much money?" Son, who sounds like he’s been taking campaign cues from Donald Trump, emphasized the huge scale of his efforts. Son asked the audience if they knew about “The Singularity,” the principle that machine intelligence will overtake human intelligence. Son believes it’s real — not just that, he knows when it’s happening.