Softbank is planning to start its activity in the semiconductor industry. An industry that plays an important role in the development of artificial intelligence hardware.
According to “Bloomberg”, in addition to big and well-known companies that invest in artificial intelligence, this technology itself has boosted the business of companies active in the field of hardware. For this reason, it is not strange that with the passage of time, the competition in the field of artificial intelligence investment will increase and companies will invest huge sums in this field.
Now it is said that Masayoshi Son, the CEO of Softbank, intends to invest a huge amount of 100 billion dollars in the field of artificial intelligence. Of course, this investment is not direct and this rich company intends to operate in the supply chain of semiconductor companies; These companies operate in the field of artificial intelligence hardware production.
The semiconductor industry has also attracted a lot of attention recently, so that some of the companies' investment plans seem somewhat irrational; Like the plans announced by CEO Sam Altman, which has drawn criticism. The CEO of OpenAI recently announced that he is looking for investors to spend $7 trillion to build dedicated chip production units.
The possibility of starting Softbank's “Izanagi” project
Softbank is expected to launch its semiconductor project, codenamed “Izanagi” in the future. This project will include the provision of critical components for companies active in the field of artificial intelligence hardware. SoftBank itself will likely invest $30 billion in the project, with the rest raised by potential customers in the Middle East.
Softbank is the largest shareholder of chip design company ARM, and this is a huge advantage for them. Therefore, Softbank not only has a very high financial strength, but also will not have any problems in terms of providing hardware and technology. Additionally, ARM has extensive partnerships with NVIDIA and AMD, so the indicators are in Softbank's favor. We have to wait and see how this financial company implements its plan.
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