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

SoftBank is reportedly planning to launch a massive AI and robotics industrial complex valued at around one trillion dollars. The Japanese investment conglomerate aims to collaborate with Taiwan Semiconductor Manufacturing Company (TSMC) to establish this facility in Arizona. The project, named Project Crystal Land, is still in its early stages, and details about TSMC’s specific involvement or interest remain unclear. This initiative follows SoftBank’s recent increased focus on AI, including its participation in other AI ventures. While SoftBank is eager to partner with TSMC, Bloomberg sources indicate uncertainty about TSMC’s willingness to join the project. As of now, SoftBank has not provided further details, and the scope and timeline of Project Crystal Land remain largely undefined.