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SoftBank targets AI cloud market with 10GW US rental plan

Jenchieh Chiang, Taipei
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Credit: Bloomberg

SoftBank Group (SBG) and telecom subsidiary SoftBank said they will set up a new company in the US in July 2026 to rent out AI computing resources, aiming to challenge CoreWeave and Nebius in the fast-growing AI cloud market. The new unit, SB Neo, is...

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