SoftBank goes all in on AI.
Simply months after saying its involvement within the $500 billion Stargate AI Infrastructure undertaking, of which SoftBank is rumored to be fronting a cool $19 billion, the Japanese investing conglomerate is reportedly trying to launch its largest AI undertaking but.
The corporate is trying to crew up with Taiwan Semiconductor Manufacturing Firm (TSMC) to launch a trillion-dollar industrial complicated in Arizona to construct AI and robotics, in line with reporting from Bloomberg, citing sources accustomed to the undertaking.
The initiative, dubbed Undertaking Crystal Land, seems to nonetheless be in its very early phases. Regardless of SoftBank’s want to work with TSMC on the undertaking, it’s unclear what TSMC’s function can be, in line with Bloomberg, or if it might be excited by becoming a member of forces with SoftBank in any respect — TSMC already has its personal AI infrastructure tasks in Arizona within the works.
SoftBank declined to remark.
