SoftBank Reports ¥1.1 Trillion Quarterly Net Loss
SoftBank said a revised procurement plan for US AI data-center power-generation equipment cost USD 3.7 billion as investment volatility and AI costs weighed on results.
SoftBank cites a USD 3.7 billion cost from revised procurement plans for AI data centre power-generation equipment in the US as the Japanese investment giant swings to a quarterly lossJapanese technology investment giant SoftBank Group reported a net loss of 1.1 trillion yen (USD 7 billion) for the…