(Reuters) -SoftBank plans to transform a former Sharp LCD panel plant in Japan into a data centre for operating artificial intelligence agents developed in collaboration with U.S.-based ChatGPT creator, OpenAI, according to a Nikkei report on Friday.
The Japanese telecom giant intends to purchase the facility and part of the land at Sharp’s closed TV LCD factory in Osaka for about 100 billion yen ($677.05 million).
Ad Stansberry Research
Perhaps no one on or off Wall Street has been more accurate calling the bull and bear turns of the past 7 years. From the bear markets of 2018 and 2022... to the roaring bull runs of 2021, 2023, and 2024.
And now, Marc Chaikin is predicting the next crash will start March 14, 2026. If you have money in the markets, Chaikin's thesis is a must-see.
Click here to view...
The centre is expected to start operations in 2026 and will be one of the largest in Japan, boasting a power capacity of 150 megawatts.
The partnership aims to commercialize OpenAI’s AI agent model in Japan, with plans to train the model on client companies’ data and offer customised AI agents.
The investment is expected to be significant, potentially approaching 1 trillion yen ($6.77 billion), the Japanese media outlet reported.
Softbank and OpenAI did not immediately respond to a Reuters request for comment.
($1 = 147.7000 yen)
(Reporting by Kumar Tanishk in Bengaluru; Editing by Tasim Zahid)