SoftBank to invest $1 trillion in AI industrial parks across US - Nikkei

Investing.com -- SoftBank (TYO: 9984 ) Group Corp. is planning to establish industrial parks focused on artificial intelligence (AI) across the United States. The company is reportedly considering an investment exceeding $1 trillion, according to Nikkei .

Masayoshi Son, the Founder and Chief Executive Officer of SoftBank, is anticipated to visit the United States soon to discuss his plans for these AI-focused industrial parks. The report suggests that these factories are likely to employ AI-powered robots that can operate independently. This approach is seen as a response to the labor shortages currently experienced in the country.

The planned industrial parks would serve as a significant expansion of SoftBank’s investment in AI technology. The decision to use autonomous robots in the factories underlines the company’s commitment to leveraging AI to address labor market challenges.

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