SoftBank – The Japanese Telecom Giant Ventures Into a 10-Gigawatt AI Cloud for its "Second Founding" in the USA!

SoftBank is entering the AI cloud market with its new subsidiary SB Neo, aiming to grow to 10 gigawatts of capacity by 2030 – starting in Texas. CEO Miyakawa refers to this as a "second founding"; the venture could quadruple operating profit. Rivals: CoreWeave, Nebius, Amazon. A major attack on CoreWeave and Nebius SoftBank Group and its telecommunications subsidiary are taking a big leap into the lucrative business of computing power for artificial intelligence. Starting from the next fiscal year, the two corporations plan to rent AI chips...