
SoftBank is launching a new AI cloud venture called SB Neo that will rent computing resources to U.S. companies starting next fiscal year, with plans to operate 10 gigawatts of data center capacity by around 2030. The business could substantially increase SoftBank's operating income and reflects the billionaire Masayoshi Son's strategic pivot toward AI hardware and data center infrastructure to capitalize on soaring demand for AI computing power.
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SoftBank Group and its telecom unit are establishing SB Neo this month, a new venture that will start renting AI computing resources to U.S. companies next fiscal year. The venture plans to ramp up capacity to supply 10 gigawatts of data center power by around 2030 for large-scale AI model training and inference.
Why it matters
The neocloud business has potential to triple or quadruple SoftBank's annual operating income to ¥3 trillion to ¥4 trillion ($18.5 billion(約3兆円) to $25 billion(約4兆円)), according to people familiar with the company's plans. For context, SoftBank's parent company has committed to investing about $65 billion(約10兆円) in OpenAI by October, signaling confidence in AI infrastructure demand.
What to watch
SoftBank is building a $500 billion(約80兆円) data center project in Ohio with 10GW capacity, among the largest in the world. The company also has domestic data center campuses under construction in Hokkaido and Sakai, Osaka Prefecture. SoftBank says it has a competitive edge in securing power sources from gas-fired plants.
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