SoftBank Plans AI Cloud Services in US to Tap Surging Demand

SoftBank Plans AI Cloud Services in US to Tap Surging Demand SoftBank Group Corp. and its telecom unit will start renting AI computing resources to US companies next fiscal year in a bid to capitalize on the company’s growing pipeline of data center projects. The two companies will set up SB Neo Inc. this month, ahead of plans to offer AI chips and cloud services to big companies including hyperscalers, the companies said in a statement Thursday. The neocloud venture plans to ramp up its computing resources to eventually supply data center capacity at a scale of 10 gigawatts by around 2030 for large-scale AI model training and inference, according to Junichi Miyakawa, head of the telecom unit.