www.bloomberg.com
SoftBank Group has halted acquisition talks with US data center operator Switch Inc., marking a setback for founder Masayoshi Son’s plans to build “Stargate,” an AI infrastructure project reportedly backed by OpenAI. The decision stems from valuation disagreements and strategic differences, though SoftBank remains in the market for data center assets to meet massive computing demands for AI. This pause, reported by Bloomberg, highlights the challenges SoftBank faces in executing its aggressive push into AI infrastructure amid high costs and complex negotiations.
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