SoftBank's $1 trillion Arizona AI hub expands with OpenAI and Ampere Computing ties

SoftBank Group founder Masayoshi Son is spearheading a massive $1 trillion industrial complex in Arizona, dubbed "Project Crystal Land," focused on robotics and artificial intelligence.

The project aims to revitalize U.S. high-end tech manufacturing, drawing parallels to China's Shenzhen manufacturing hub. Son is actively seeking collaboration with Taiwan Semiconductor Manufacturing Co (TSMC) to anchor the initiative.

"The Arizona project could redefine the US tech landscape, attracting significant investments and talent," sources said.

This $1 trillion commitment doubles the scale of the $500 billion Stargate project, which is focused on expanding data center capacity across the U.S. and is funded by SoftBank, OpenAI, and Oracle.

SoftBank's recent investments include a $6.5 billion acquisition of U.S. semiconductor design company Ampere Computing and underwriting up to $40 billion in new investment in OpenAI, with $10 billion syndicated to other investors.

"SoftBank officials have spoken with U.S. federal and state government officials to discuss possible tax breaks for companies building factories or otherwise investing in the industrial park," including talks with U.S. Secretary of Commerce Howard Lutnick.

These moves reflect SoftBank's broader strategy to strengthen its technology ecosystem by integrating AI, semiconductor manufacturing, and data infrastructure under one expansive industrial umbrella.

The ambitious project signals a significant shift in U.S. tech manufacturing policy and investment, potentially positioning Arizona as a new global hub for advanced technology development.

SoftBank plans a $1 trillion AI and robotics hub in Arizona, partnering with OpenAI, Ampere Computing, and Taiwan Semiconductor Manufacturing Co. The project aims to boost U.S. tech manufacturing, surpassing the $500 billion Stargate data center initiative, with talks underway for government tax incentives.