SoftBank has announced a significant investment of $960 million to enhance its computing capabilities for generative AI development. This investment, to be completed by 2025, aims to equip SoftBank's computing facilities with advanced number-crunching power necessary for creating world-class generative AI technologies. Additionally, SoftBank plans to utilize Nvidia's graphics chips as a key component in this development. The rising demand for generative AI products is anticipated to contribute an additional $318 billion to software spending by 2032, with an annual growth rate of 71% from 2022. Key software areas expected to drive this spending include cybersecurity, drug discovery, AI assistants, and coding workflows.