$500 billion investment in AI

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The thread already exists.

Softbank US investment plans

This investment, first reported by CNBC, is similar to one from December 2016, when Son pledged a $50 billion investment and 50,000 jobs. Through the company’s venture capital arm, the Vision Fund, SoftBank ended up investing about $75 billion, CNN has learned. The total number of jobs created, given the Covid-19 impact on the country’s employment, is more difficult to tally. This year’s pledge will focus specifically on artificial intelligence and AI infrastructure, including energy, data cen…

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