SoftBank to ramp up US power business for generative AI

SoftBank to ramp up US power business for generative AI

FILE PHOTO: SoftBank CEO Masayoshi Son speaks at the SoftBank World 2023 corporate conference, in Tokyo, Japan October 4, 2023. REUTERS/Francis Tang/File Photo

Japan’s SoftBank Group will ramp up its power generation business primarily in the United States to supply power to generative artificial intelligence projects worldwide, founder Masayoshi Son said on Thursday.