Soft Bank Unveiled Inventory for Investors
SoftBank Group is reportedly planning a $1 trillion AI and robotics industrial complex in Arizona. The project, named Project Crystal Land , will be SoftBank biggest AI project yet. The project, aimed at advancing AI and robotics manufacturing industry, will create a high-tech hub similar to China’s Shenzhen. This trillion-dollars AI project was initiated only months after SoftBank revealed its involvement in the $500 billion Stargate AI Infrastructure initiative, with the company reportedly contributing $19 billion, giving it a 40% stake in the joint venture. Now, SoftBank is seeking partnerships with Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung to launch the building of the AI and robotics industry complex in Arizona. The company is also engaging U.S. officials for tax incentives. The project is still in early stages, and it’s unclear what TSMC’s role would be follows. TSMC’s involvement in the project remains uncertain because the company is already developing its own …
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Temmy is the founder of Budgetrend. He is a seasoned journalist with extensive experience in business of technology, economy, finance, business, money, politics and education. He is currently studying Accounting at the Federal University of Oye-Ekit…
