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SoftBank shifts its AI bet toward power plants and data centers

Nikkei Asia reports SB Energy is helping develop a $33 billion Ohio power complex to serve a data center campus.

1 Source, 59m ago, first seen 59m ago

TLDR

Nikkei Asia reports SoftBank is moving beyond startup bets into power plants and data centers through SB Energy. The company is among the developers of a planned $33 billion natural gas power complex in Ohio intended to supply a major data center campus. The project still needs regulatory approvals, and SB Energy’s Nasdaq listing has been delayed. Of its 8.8 gigawatts of contracted data center capacity, 0.8 gigawatts is under construction and none is operational.

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1 Source, first seen 59m ago

SoftBank shifts its AI bet toward power plants and data centers

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