Softbank CEO says company’s purpose is to create ‘artificial super intelligence’
- Artificial Super Intelligence: Softbank's CEO, Masayoshi Son, predicts that artificial intelligence (AI) will surpass human intelligence significantly by 2030 and 2035.
- Softbank's Focus: The company is dedicating efforts to develop an "artificial super intelligence" (ASI) that could revolutionize human life.
- AGI vs. ASI: Son discussed the difference between artificial general intelligence (AGI) and ASI, with ASI being 10,000 times more intelligent than humans.
- Stock Market Reaction: Son's comments on the future of Softbank and his personal goals led to a more than three percent drop in the company's shares.
- Apple's AI Releases: Apple delays AI releases in the EU due to Digital Markets rules, showing the impact of regulations on tech companies.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.013 | 0.0167 | 0.0201 | 0.0238 | 0.0272 | 0.0309 | 0.0343 |
| Fibonacci | 0.0167 | 0.0194 | 0.0211 | 0.0238 | 0.0265 | 0.0282 | 0.0309 |
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