SoftBank goes all in on AI.
Simply months after saying its involvement within the $500 billion Stargate AI Infrastructure challenge, of which SoftBank is rumored to be fronting a cool $19 billion, the Japanese investing conglomerate is reportedly trying to launch its largest AI challenge but.
The corporate is trying to staff 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 conversant in the challenge.
The initiative, dubbed Undertaking Crystal Land, seems to nonetheless be in its very early phases. Regardless of SoftBank’s need to work with TSMC on the challenge, it’s unclear what TSMC’s position could be, in keeping with Bloomberg, or if it might be focused on becoming a member of forces with SoftBank in any respect — TSMC already has its personal AI infrastructure initiatives in Arizona within the works.
TechCrunch reached out to SoftBank for extra data.
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