By Amy Edelen | Phoenix Business Journal
SoftBank Group Corp. founder and CEO Masayoshi Son reportedly has plans to develop a $1 trillion industrial complex in Arizona to build artificial intelligence and robots, according to a Bloomberg report.
The Tokyo-based technology investment giant’s proposed complex in Arizona — dubbed “Project Crystal Land” — is intended to bring high-tech manufacturing back to the U.S. and could consist of production lines for AI-powered industrial robots, Bloomberg reported, citing a person familiar with the matter.
What’s more, SoftBank is reportedly looking to work with Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) on the AI industrial complex, although it’s unclear what role the latter company would play in the project or whether it’s interested in a partnership with SoftBank.
