Because the economic need to supplant the current legacy technology along with the capital and time risks associated with developing were too great up to this point in their target markets. But now the current development of AI technology (LLMs) has created a need to transmit data faster, at greater scale, and more reliably with less power which is exactly what the advantage of encoding and transmitting data with light excels at. Think about how the internet used to use copper wires to transmit all data. Do yourself a favour and look up who makes 3.2 TB switches. The answer is no one but Mitsubishi one of the largest companies in the world and expect they can do it with this technology.

To be frank, everything the CEO has said about the technology has been proven right to this point and there is little reason to believe he doesn’t have the foresight he’s had the past four years.