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Nikkei Asia: SoftBank plans to invest $33 billion in Ohio to build an AI data center and natural gas power plant to serve OpenAI.
Nikkei Asia reported that SoftBank Group is expanding its business from technology investments to AI infrastructure development, planning to invest $33 billion in Ohio to build a natural gas power plant and data center campus to meet OpenAI's needs. SoftBank's renewable energy subsidiary, SB Energy, has filed for a Nasdaq listing for this project, seeking a $50 billion valuation, but has postponed the listing due to volatility in AI-related stocks.
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