SoftBank "calculating electricity synergy" strategic complement to Japan's puzzle: seeking investment in Tokyo Electric Power Company, deepening hedging AI "energy anxiety"

Zhitong Finance APP learned that Masayoshi Son, founder and CEO of SoftBank Group in Japan, revealed on Wednesday at the annual shareholders' meeting that the group's telecommunications subsidiary is seeking to acquire a stake in Tokyo Electric Power Holdings Company (TEPCO), Japan's largest electricity company, in order to ensure the necessary power supply for its rapid expansion in the field of artificial intelligence. He stated that bringing TEPCO into SoftBank's sphere of influence would help the company enter the field of artificial intelligence data centers, which require a considerable amount of electricity.