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    HomeNewsWorldSoftBank's Masayoshi Son:Will ramp up US power business for generative AI

    SoftBank's Masayoshi Son:Will ramp up US power business for generative AI

    SoftBank Group-backed SB Energy develops and operates renewable electricity businesses across the United States.

    Reuters
    June 20, 2024 / 10:25 IST
    Will ramp up US power business for generative AI: SoftBank's Masayoshi Son

    Japan's SoftBank Group will ramp up its power generation business primarily in the United States to supply power to generative artificial intelligence projects worldwide, founder Masayoshi Son said on Thursday.

    SoftBank Group-backed SB Energy develops and operates renewable electricity businesses across the United States.

    Son also said the group will look for "seeds of new evolution" of investments, mainly outside Japan.

    He was speaking at the annual shareholder meeting of the group's telecom arm SoftBank Corp, where he is a board member.

    Reuters
    first published: Jun 20, 2024 09:33 am

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