US EditionSoftBank Halts Talks to Buy Data Center Firm Switch in Blow to Son’s Stargate Ambitions
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4 Articles
SoftBank Hits Brakes on Talks to Buy Data Center Firm Switch
(Bloomberg) — SoftBank Group Corp. has halted talks about an acquisition of US data center operator Switch Inc., a setback to founder Masayoshi Son’s ambition to roll out Stargate AI infrastructure, according to people familiar with the matter.
SoftBank Halts Talks to Buy Data Center Firm Switch in Blow to Son’s Stargate Ambitions
SoftBank Group Corp. has halted talks about an acquisition of US data center operator Switch Inc., a setback to founder Masayoshi Son’s ambition to roll out Stargate AI infrastructure, according to people familiar with the matter.
[Digital Daily Reporter Sang-il Lee] Foreign media reported on the 26th that SoftBank Group has suspended negotiations to acquire US data center operator Switch. This decision is expected to impact Chairman Masayoshi Son's artificial intelligence (AI) infrastructure project, "Stargate." Chairman Son has been pursuing a deal worth approximately $50 billion (approximately 74 trillion won) through the Switch acquisition for several months. His goa…
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