SoftBank reserves 13GW of gas turbines for AI power, taking $3.7B hit
11/11/2026 — 11/11, 20:15·1 sources (all)·1 reports (all)
Key takeaways
- The Wall Street Journal, citing people familiar with the matter, reports that SoftBank has reserved more than 13GW of gas turbines to power…
Background & analysis
According to a Nov. 11, 2026 report by The Wall Street Journal citing sources, SoftBank had reserved more than 13GW of gas turbines to power AI, an amount equivalent to six Hoover Dams. The same report said SoftBank took a $3.7B earnings hit, mostly from canceled reservations, and that the venture cost the company billions of dollars in losses. As of the available reporting, the matter stands there: no follow-up developments, the size of the unreserved or canceled capacity, or the reasons behind the cancellations are given in the material.
AI-generated from 1 reports · updated 2 days ago
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Reports on this story headlines open the original
SoftBank has reserved more than 13GW of gas turbines—enough to match six Hoover Dams—to power AI, and took a $3.7 billion earnings hit largely from canceled reservations, according to The Wall Street Journal citing sources.
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