SoftBank's Son Pitches $1 Trillion Arizona AI Hub (reuters.com)
(Friday June 20, 2025 @11:30PM (BeauHD)
from the what-to-expect dept.)
- Reference: 0178122635
- News link: https://news.slashdot.org/story/25/06/20/2212217/softbanks-son-pitches-1-trillion-arizona-ai-hub
- Source link: https://www.reuters.com/business/media-telecom/softbanks-son-pitches-1-trillion-us-ai-hub-tsmc-trump-team-bloomberg-news-2025-06-20/
An anonymous reader quotes a report from Reuters:
> SoftBank Group founder Masayoshi Son is [1]envisaging setting up a $1 trillion industrial complex in Arizona that will build robots and artificial intelligence, Bloomberg News [2]reported on Friday, citing people familiar with the matter. Son is seeking to team up with Taiwan Semiconductor Manufacturing Co for the project, which is aimed at bringing back high-end tech manufacturing to the U.S. and to create a version of China's vast manufacturing hub of Shenzhen, the report said.
>
> SoftBank officials have spoken with U.S. federal and state government officials to discuss possible tax breaks for companies building factories or otherwise investing in the industrial park, including talks with U.S. Secretary of Commerce Howard Lutnick, the report said. SoftBank is keen to have TSMC involved in the project, codenamed Project Crystal Land, but it is not clear in what capacity, the report said. It is also not clear the Taiwanese company would be interested, it said. TSMC is already building chipmaking factories in the U.S. with a planned investment of $165 billion. Son is also sounding out interest among tech companies including Samsung Electronics, the report said.
>
> The plans are preliminary and feasibility depends on support from the Trump administration and state officials, it said. A commitment of $1 trillion would be double that of the [3]$500 billion "Stargate" project which seeks to build out data centre capacity across the U.S., with funding from SoftBank, OpenAI and Oracle.
[1] https://www.reuters.com/business/media-telecom/softbanks-son-pitches-1-trillion-us-ai-hub-tsmc-trump-team-bloomberg-news-2025-06-20/
[2] https://www.bloomberg.com/news/articles/2025-06-20/masayoshi-son-s-next-bet-a-1-trillion-ai-robotics-hub-in-arizona
[3] https://yro.slashdot.org/story/25/01/21/225229/trump-to-announce-up-to-500-billion-in-ai-infrastructure-investment
> SoftBank Group founder Masayoshi Son is [1]envisaging setting up a $1 trillion industrial complex in Arizona that will build robots and artificial intelligence, Bloomberg News [2]reported on Friday, citing people familiar with the matter. Son is seeking to team up with Taiwan Semiconductor Manufacturing Co for the project, which is aimed at bringing back high-end tech manufacturing to the U.S. and to create a version of China's vast manufacturing hub of Shenzhen, the report said.
>
> SoftBank officials have spoken with U.S. federal and state government officials to discuss possible tax breaks for companies building factories or otherwise investing in the industrial park, including talks with U.S. Secretary of Commerce Howard Lutnick, the report said. SoftBank is keen to have TSMC involved in the project, codenamed Project Crystal Land, but it is not clear in what capacity, the report said. It is also not clear the Taiwanese company would be interested, it said. TSMC is already building chipmaking factories in the U.S. with a planned investment of $165 billion. Son is also sounding out interest among tech companies including Samsung Electronics, the report said.
>
> The plans are preliminary and feasibility depends on support from the Trump administration and state officials, it said. A commitment of $1 trillion would be double that of the [3]$500 billion "Stargate" project which seeks to build out data centre capacity across the U.S., with funding from SoftBank, OpenAI and Oracle.
[1] https://www.reuters.com/business/media-telecom/softbanks-son-pitches-1-trillion-us-ai-hub-tsmc-trump-team-bloomberg-news-2025-06-20/
[2] https://www.bloomberg.com/news/articles/2025-06-20/masayoshi-son-s-next-bet-a-1-trillion-ai-robotics-hub-in-arizona
[3] https://yro.slashdot.org/story/25/01/21/225229/trump-to-announce-up-to-500-billion-in-ai-infrastructure-investment
Every time you ask chat GTP a question (Score:2)
by rsilvergun ( 571051 )
It uses about a bottle of water. I don't know how true that is but you can bet it uses a hell of a lot of water. Yes of course it's not necessary for it to use and dispose of water but it is much cheaper than having the more expensive recirculating systems. And AI is already on money loser so you can bet your ass that's one cost they will be happy to externalize.
So sure let's find a desert where water is scarce and build giant data centers for replacing white collar workers.
It really pisses me off t
Softbank is a scam (Score:2)
Always was, always will be.
The headline should be "Son looking for people to buy into his new Ponzi setup".