SoftBank Reports $7.1B Quarterly Loss as AI Data Centre Turbine Bet Falls Short

SoftBank posted a $7.1 billion quarterly loss, with more than half tied to power-generating equipment, after its attempt to corner the natural gas turbine market for AI data centres failed to pay off.

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2026-11-13 08:44 · AI Insider
SoftBank Takes $7.1B Quarterly Loss as AI Power Turbine Bet Backfires

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TSMC and SoftBank Results Highlight a Widening Gap Between AI Winners and Losers — Barron's
SoftBank takes $3.7bn charge after failed bet on gas turbines for AI data centres — Financial Times AI
SoftBank takes $3.7 billion earnings hit after cancelling gas equipment orders — Semafor Technology
SoftBank's billion-dollar loss may have put a cap on AI's natural gas ambitions — TechCrunch AI
SoftBank takes multibillion-dollar losses after canceling AI data center gas turbine orders — Tom's Hardware
Tech Giants Back German Robotics Start-Up Agile Robots at $8.5 Billion Valuation — New York Times AI
SoftBank's $4 billion turbine setback rattles AI data center buildout trade — Reuters AI
SoftBank reserved 13GW+ of turbines for AI power, took $3.7B hit from cancellations — Techmeme

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