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SoftBank Seeks Support for Proposed $1 Trillion Complex to Build Robots and AI

  • SoftBank is seeking support to build a $1 trillion manufacturing complex in Arizona focusing on robots and AI.
  • Founder Masayoshi Son has discussed partnerships with TSMC and Samsung, seeking tax incentives from the U.S. government.
  • The project is in early stages, with no guarantee of moving forward yet.
  • SoftBank planned a $1 trillion investment to build AI-equipped factories in the U.S. in industrial parks.
  • Son announced a $100 billion investment in the U.S., creating 100,000 jobs focused on AI and related infrastructure.
  • SoftBank is also part of the Stargate project, a $500 billion initiative with other tech partners.
  • The project aims to build data centers and AI infrastructure in the U.S. due to increasing AI demands.
  • SoftBank planned nearly $9 billion investment in AI, doubling investments and commitments.
  • The company maintains a safe balance sheet for flexibility in moving forward with its plans.

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