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Stock impact report

SoftBank's Son Says Ohio Data Center to Be $500 Billion Project [Yahoo! Finance Canada]

SOFTBANK GRP UNSP/ADR (SFTBY) 
NASDAQ:AMEX Investor Relations: softbank.jp/en/corp/irinfo/presentations
“We are going to do the largest construction project in the country,” Commerce Secretary Howard Lutnick said Friday alongside Son and Energy Secretary Chris Wright at the site. Most Read from Bloomberg Russian Oil Bound for China Is Diverted as India Grabs More China Pulls Silver From Global Markets to Meet Surging Demand DOJ, White House Clear Way for Pirro to Keep Powell Probe BTS, the Most Popular Boy Band Ever, Returns to a Changed Industry Iran Leaves an Isolated Trump Grappling With Historic Oil Crisis While the US is witnessing a historic scramble by tech companies to build out artificial intelligence computing, the project's scale described by Son and Trump officials has little precedent. At 10 gigawatts, the center would be among the largest — if not the largest — in the world. For context, a single gigawatt of capacity can power roughly 750,000 homes at any given moment. SoftBank is planning to construct the AI computing complex at a former uranium enrichmen Show less Read more
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