Report: SoftBank to invest $960 million to enhance artificial intelligence computing power

Wallstreetcn
2024.04.22 11:44
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Japanese telecommunications giant SoftBank Group plans to invest 150 billion yen to enhance the computing power of its AI data centers, including purchasing GPU chips from NVIDIA for its own AI research and leasing to other companies. SoftBank also plans to build data centers across Japan, with an investment of 65 billion yen. This move is expected to strengthen SoftBank's competitive position in the AI field and boost Japan's participation in the global AI competition. SoftBank's investment in AI has also received a warm response from the market, with its stock price reaching a historic high