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Datacenters & Chips · first seen 12 November 2026, 16:29 UTC

SoftBank takes $3.7B charge on failed AI gas turbine bet

SoftBank's costly turbine over-ordering shows how power supply is the bottleneck for AI data centers.

SoftBank lost over $3 billion pre-ordering natural gas turbines to power AI data centers, driving a $3.7bn charge; separately Anthropic's Dario Amodei predicted AI could cure major diseases within a decade.

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