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SoftBank wants to invest $1 trillion in AI in the US

SoftBank wants to invest $1 trillion in AI in the US
SoftBank
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Japanese telecommunications and media corporation SoftBank Group Corp. intends to invest more than $1 trillion to create industrial parks with artificial intelligence factories in the United States, Bloomberg reports.

Founder and CEO Masayoshi Son plans to visit the US to meet with the Trump administration and discuss his ideas for industrial parks.

Factories are likely to use robots equipped with artificial intelligence that can work autonomously. This decision is due to the shortage of labor in the country.

As a reminder, in January, SoftBank, together with OpenAI and Oracle, announced another ambitious project to develop artificial intelligence – Stargate. Within the framework of this initiative, they initially plan to attract $100 billion in investments with the prospect of increasing it to $500 billion within four years.

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