SoftBank takes $3.7bn charge after failed bet on gas turbines for AI data centres

SoftBank overordered small gas turbines intended to power US AI data centres, but the industry shifted to more energy-efficient models, driving a $3.7bn charge.

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2026-11-13 06:21 · Financial Times AI
SoftBank’s failed bet on gas turbines for AI drove $3.7bn charge

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