PYMNTS.com March 28, 2025
Japanese tech investment firm SoftBank Group is reportedly planning to invest $1 trillion to build artificial intelligence (AI)-equipped factories in the United States.
The factories will be located in industrial parks across the country and the robots with which they will be equipped will be designed to provide a solution for American manufacturers that are facing labor shortages, Nikkei reported Friday (March 28), citing unnamed sources.
SoftBank Group did not immediately reply to PYMNTS’ request for comment.
The Nikkei report noted that this amount is higher than the $500 billion investment SoftBank Group CEO Masayoshi Son announced in January.
It was reported in December that Son said SoftBank would invest $100 billion in the United States over the next four...
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