Further Capital Spending and Expansion of AI Computing Platforms by SoftBank Corp.
May 10, 2024
SB Intuitions Corp.
SoftBank Corp. (“SoftBank”) announces that its computing platform was certified for supply assurance by Japan's Ministry of Economy, Trade, and Industry (METI) on May 10, 2024 as a “cloud program,” designated as a “specified critical product” under the Economic Security Promotion Act. This will enable further capital investment and infrastructure expansion for its AI computing platform.
Subsidiary SB Intuitions Corp. is working to develop a 390 billion-parameter large language model (LLM) by the end of fiscal year 2024, utilizing the AI computing platform.
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