Overview

• Project Crystal Land is a proposed $1 trillion industrial hub in Arizona aimed at manufacturing AI-powered robots and advanced AI technologies.
• SoftBank has held early-stage discussions with US Secretary of Commerce Howard Lutnick to negotiate tax breaks and other incentives for investors.
• The company is in talks with Taiwan Semiconductor Manufacturing Co. and Samsung but TSMC’s participation and exact roles remain uncertain.
• SoftBank is evaluating project financing structures, modeled on large infrastructure deals, to reduce upfront capital requirements.
• The initiative complements SoftBank’s broader AI investments, including a $30 billion stake in OpenAI and a $6.5 billion acquisition of Ampere Computing.