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SoftBank reserved 13GW+ of turbines for AI power, took $3.7B hit from cancellations

SoftBank reserved more than 13GW of gas turbines—equivalent to six Hoover Dams—to power AI operations, then took a $3.7B earnings hit mostly from canceled reservations.

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  1. 2026-11-11 11:50 · Techmeme
    Sources: SoftBank reserved 13GW+ of turbines, equivalent to six Hoover Dams, to power AI; SoftBank took a $3.7B earnings hit mostly from canceled reservations (Wall Street Journal)

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