SoftBank plans AI cloud services in US to tap surging demand

Min Jeong Lee / Bloomberg07-02 08:40

SoftBank Group Corp and its telecom unit will start renting AI computing resources to US companies next fiscal year in a bid to capitalise on the company's growing pipeline of data centre projects.(...

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In recent years, the billionaire's focus has centred around AI hardware and data centres, part of an ambition to capitalise on insatiable demand for computing power and set the stage for AI's proliferation throughout society. \nNeoclouds - a new category of small infrastructure providers that lease out AI-focused computing power - have emerged to address soaring demand for access to computing capacity. Companies like CoreWeave Inc and Nebius Group NV are quickly renting the specialised chips their customers need to train and run AI models.\nSoftBank's neocloud operations may have a ready customer in OpenAI, in which the parent company has committed to investing a total that will reach about US$65 billion by October.\nThe field has grown increasingly crowded, however. In addition to dedicated neocloud service providers, industry leaders like Amazon Web Services, Microsoft Azure and Google Cloud also sell access to AI computing power. Meta Platforms Inc is also developing plans for a similar foray, Bloomberg News has reported. \nSoftBank has an edge in its ability to secure sources of power, mainly from gas-fired plants, Miyakawa said. \nSoftBank envisages a US$500 billion data centre-focused project in Ohio, among the largest in the world at 10GW of capacity. At home, SoftBank's telecom unit is building data centre campuses in Hokkaido, Japan's northern island, and in Sakai, Osaka.\nUploaded by Evelyn Chan","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.1","shortVersion":"4.44.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2648633912","isCrawlerRequest":true}