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SoftBank's Son Pitches $1 Trillion Arizona AI Hub
Saturday June 21, 2025. 05:30 AM , from Slashdot
![]() 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 $500 billion 'Stargate' project which seeks to build out data centre capacity across the U.S., with funding from SoftBank, OpenAI and Oracle. Read more of this story at Slashdot.
https://news.slashdot.org/story/25/06/20/2212217/softbanks-son-pitches-1-trillion-arizona-ai-hub?utm...
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