AITom's Hardware22 minutes ago
SoftBank Takes $3.7 Billion Hit on Canceled Turbine Orders
2 min read
SoftBank canceled reservations for more than 13 gigawatts of gas turbines meant to power AI data centers, taking a $3.7 billion hit to earnings. It unwound contracts with supplier GE Vernova and says the move was voluntary, not a default, countering Elon Musk's claim. A 9.2-gigawatt Ohio plant is still slated for early 2027.
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