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 workforce up with Taiwan Semiconductor Manufacturing Firm (TSMC) to launch a trillion-dollar industrial advanced in Arizona to construct AI and robotics, in keeping with reporting from Bloomberg, citing sources accustomed to the undertaking.
The initiative, dubbed Undertaking Crystal Land, seems to nonetheless be in its very early levels. Regardless of SoftBank’s need to work with TSMC on the undertaking, it’s unclear what TSMC’s function could be, in keeping with Bloomberg, or if it will be curious about becoming a member of forces with SoftBank in any respect — TSMC already has its personal AI infrastructure tasks in Arizona within the works.
TechCrunch reached out to SoftBank for extra data.