Lates News

SoftBank Group Corp. plans to invest $100 billion in artificial intelligence infrastructure in the United States. However, this plan has been slowed down due to the economic risks brought by tariffs from Washington. The related financing negotiations have also been affected. Preliminary discussions with lending institutions and investors have been initiated, but no deals have been reached yet as financiers are reevaluating data center projects amidst increased economic volatility and lowering prices for AI services. SoftBank is assembling a team focused on the "Stargate" project and is in contact with banks and bond investors. However, discussions have been pressured by talks about tariffs, concerns about overcapacity, and the uncertainty surrounding OpenAI.