Get the latest tech news

SoftBank reportedly looking to launch a trillion-dollar AI and robotics industrial complex


The investing conglomerate is looking to team up with TSMC on the initiative as SoftBank continues to pour money into AI.

The company is looking to team up with Taiwan Semiconductor Manufacturing Company (TSMC) to launch a trillion-dollar industrial complex in Arizona to build AI and robotics, according to reporting from Bloomberg, citing sources familiar with the project. Becca is a senior writer at TechCrunch that covers venture capital trends and startups. She previously covered the same beat for Forbes and the Venture Capital Journal.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of SoftBank

SoftBank

Photo of industrial complex

industrial complex

Photo of dollar AI

dollar AI

Related news:

News photo

SoftBank-Backed Startup Harmed by YouTube Shift to Short Video

News photo

SoftBank Sells T-Mobile Stake for $4.8 Billion to Bet on AI

News photo

SoftBank-Backed Meesho Said to Plan IPO Filing in Coming Weeks