SoftBank

SoftBank reduced an OpenAI-backed loan from $10 billion to $6 billion as lenders express concerns about private AI company valuations. This $4 billion reduction signals growing investor caution about AI startup valuations and financing risks.

SoftBank plans a massive $60-70 billion AI data center in Ohio requiring a $33 billion natural gas plant equivalent to nine nuclear reactors. This represents unprecedented infrastructure investment driven by AI compute demands.