SINGAPORE: Japanese tech investment firm SoftBank Group is planning to invest US$1 trillion to create industrial parks with artificial intelligence equipped factories across the US, using humanoid r
obots to help manufacturers address labour shortages, Nikkei reported, citing anonymous sources.
Taiwan’s Foxconn, formally known as Hon Hai Precision Industry, is one of the possible partner manufacturers. They added that the group’s aim is to cut down on human involvement by using AI in the production of a variety of products, including servers, air conditioners, automobiles, and smartphones. SoftBank is an equity partner in the US$500 billion Stargate project, which US President Trump unveiled in January together with OpenAI, Oracle, and MGX. SoftBank will be in charge of funding the venture, and Mr Son will serve as its chair.The first 500,000-square-foot data centre will be constructed in Abilene, Texas, as part of Stargate’s plan to construct big AI-focused data centres in the US.
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