Latest news with #industrialComplex
Zawya
9 hours ago
- Business
- Zawya
SoftBank's Son pitches $1trln US AI hub to TSMC and Trump team, Bloomberg News reports
SoftBank Group Corp founder Masayoshi Son is seeking to team up with Taiwan Semiconductor Manufacturing Co for a trillion-dollar industrial complex in Arizona to build robots and artificial intelligence, Bloomberg News reported on Friday, citing people familiar with the matter. 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, Bloomberg said. A commitment of $1 trillion is double that of the $500 billion "Stargate" project which seeks to build out data centre capacity across the U.S., funded by SoftBank, OpenAI and Oracle . SoftBank is keen to have TSMC involved in the project but it is not clear the Taiwanese company would be interested, Bloomberg reported on Friday. SoftBank declined to comment. TSMC did not immediately respond to a request for comment. The White House and U.S. Department of Commerce did not immediately respond to requests for comment. (Reporting by Anusha Shah in Bengaluru, and Anton Bridge and Sam Nussey in Tokyo; Editing by Janane Venkatraman and Muralikumar Anantharaman)
CNA
11 hours ago
- Business
- CNA
Softbank's Son pitches $1 trillion US AI hub to TSMC and Trump team, Bloomberg News reports
SoftBank Group Corp founder Masayoshi Son is seeking to team up with Taiwan Semiconductor Manufacturing Co to build a trillion-dollar industrial complex in Arizona to build robots and artificial intelligence, Bloomberg News reported on Friday citing people familiar with the matter.
Reuters
11 hours ago
- Business
- Reuters
Softbank's Son pitches $1 trillion US AI hub to TSMC and Trump team, Bloomberg News reports
June 20 (Reuters) - SoftBank Group Corp (9984.T), opens new tab founder Masayoshi Son is seeking to team up with Taiwan Semiconductor Manufacturing Co ( opens new tab to build a trillion-dollar industrial complex in Arizona to build robots and artificial intelligence, Bloomberg News reported on Friday citing people familiar with the matter. Reuters could not immediately verify the report.
Yahoo
11 hours ago
- Business
- Yahoo
Softbank's Son pitches $1 trillion US AI hub to TSMC and Trump team, Bloomberg News reports
(Reuters) -SoftBank Group Corp founder Masayoshi Son is seeking to team up with Taiwan Semiconductor Manufacturing Co to build a trillion-dollar industrial complex in Arizona to build robots and artificial intelligence, Bloomberg News reported on Friday citing people familiar with the matter. Reuters could not immediately verify the report. Sign in to access your portfolio
