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Softbank founder reportedly aims to raise $100 billion to build AI chip company that would rival Nvidia — Project Izanagi might leverage Arm design
Softbank will allegedly set up an AI processor company to complement Arm.
Masayoshi Son, the founder of SoftBank Group, plans to raise $100 billion for a new chip venture called Project Izanagi, aiming to rival Nvidia in artificial intelligence processors, reports Bloomberg, citing sources with knowledge of the matter. But it is unclear whether the AI processors designed by Project Izanagi will rely on technologies such as instruction set architecture (ISA) developed by Arm. An interesting wrinkle is that the venture is named after the Japanese god of creation and life, reflecting Son’s ambitious vision for the project.
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