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SoftBank Unveils $500 Billion Ohio AI Data Center Plan Linked to New Gas Plant

The plan centers on onsite power from a new gas plant, with financing and approvals still pending.

Overview

  • Masayoshi Son announced in Piketon, Ohio, that SoftBank aims to start building large AI-focused data centers within the year.
  • The facilities would be colocated with a newly ground-broken gas-fired power plant to secure the vast electricity required for AI operations.
  • Son said the initial $500 billion scope includes AI chips and other equipment and would draw on outside capital.
  • He described the project as the largest single-site investment to date and projected a potential $1.5 trillion outlay over 20 years.
  • About 21 Japanese and U.S. financial institutions and major electronics firms were cited as intending to participate, with formal commitments and regulatory steps still to come.