SoftBank May Pledge  Trillion for AI Effort in US, Nikkei Says

SoftBank May Pledge $1 Trillion for AI Effort in US, Nikkei Says

(Bloomberg) — SoftBank Group Corp. plans to create industrial parks for artificial intelligence across the US and is considering an investment of more than $1 trillion, Nikkei reported.

Most Read from Bloomberg

Founder and Chief Executive Officer Masayoshi Son is expected to visit the US to discuss his ideas for such industrial parks, the newspaper said. The factories would likely use AI-equipped robots that would operate autonomously because of labor shortages in the country,…

Article Source
https://finance.yahoo.com/news/softbank-may-pledge-1-trillion-114217274.html

More From Author

Cisco Systems (CSCO) Falls More Steeply Than Broader Market: What Investors Need to Know – Nasdaq

Morning Brew: Intel’s .9B Sale and Lexicon’s Major Pharma Deal

Morning Brew: Intel’s $1.9B Sale and Lexicon’s Major Pharma Deal

Listen to the Podcast Overview

Watch the Keynote