CNBC April 23, 2024
Dylan Butts

Key Points

– SoftBank will invest 150 billion yen ($960 million) to bolster its computing facilities by 2025 in preparation for development of its own generative AI.

– In addition to working on a less advanced model, the company will start developing a world-class generative intelligence model as early as next year.

Japanese tech conglomerate SoftBank is looking to develop a “world-class” Japanese-language-specific generative artificial intelligence model, and plans to invest $960 million in the next two years to bolster its computing facilities, according to a Nikkei report.

Training of large language models (LLM), such as OpenAI’s Chat GPT, requires advanced graphics processing units, which SoftBank plans to purchase from U.S. chip giant Nvidia, the Nikkei reported Monday, citing...

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