Unbiased AI-powered news
SoftBank Group and SoftBank Corp. will launch SB Neo this month to supply AI chips and cloud services. The venture targets 10 gigawatts of data center capacity by 2030 and could raise annual operating income to ¥3 trillion to ¥4 trillion.
Japan TimesSoftBank Group and its telecom unit will begin renting artificial intelligence computing resources to U.S. companies next fiscal year. The companies will establish SB Neo this month to offer AI chips and cloud services to large customers including hyperscalers.
SB Neo plans to scale computing resources to supply data center capacity of 10 gigawatts by around 2030. The venture is 51 percent owned by SoftBank Corp. and 49 percent owned by the parent group. ” He described the U.S.
Supplying neocloud operations in the U.S. ’s annual operating income to ¥3 trillion to ¥4 trillion, or $18.5 billion to $25 billion, according to people familiar with the plans. SoftBank has committed to investing a total that will reach about $65 billion in OpenAI by October.
SoftBank envisages a $500 billion data center project in Ohio with 10 gigawatts of capacity. Its telecom unit is also building data center campuses in Hokkaido and in the city of Sakai in Osaka Prefecture.
Single source — no framing comparison available.
news.sky.comOpenAI is discussing a plan to transfer 5% equity to a public investment vehicle. The proposal would also involve other U.S. AI companies and may require congressional approval.
enr.comMeta is building a cloud computing business to sell excess compute capacity to other companies, Bloomberg reported July 1. The company's shares rose more than 10 percent after the report.
hollywoodreporter.comNeon has acquired the nearly complete film after Amazon MGM Studios withdrew. The independent distributor plans a 2026 release and Oscar campaign for the project.