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SoftBank’s Mobile Arm Braces for Possible AI Correction in US

Bloomberg Technology Monday 09 November 2026, 09:12 UTC By Min Jeong Lee and Komaki Ito 1 min read
Key Points

SoftBank’s Mobile Arm Braces for Possible AI Correction in US The head of SoftBank Corp. is steeling himself for a possible slowdown in AI data center demand in the US and said that his company may look elsewhere for growth. SoftBank Group Corp.’s mobile unit was preparing the groundwork to build neocloud operations in the US and is now gauging the impact of the Democratic Party’s sweep of the midterm elections last week as well as rising anti-data center sentiment.

SoftBank’s Mobile Arm Braces for Possible AI Correction in US The head of SoftBank Corp. is steeling himself for a possible slowdown in AI data center demand in the US and said that his company may look elsewhere for growth. SoftBank Group Corp.’s mobile unit was preparing the groundwork to build neocloud operations in the US and is now gauging the impact of the Democratic Party’s sweep of the midterm elections last week as well as rising anti-data center sentiment.
SoftBank (ORG) Mobile Arm Braces for Possible AI Correction (ORG) US (LOCATION) SoftBank Corp. (ORG) AI (ORG) SoftBank Group Corp.’s (ORG) the Democratic Party’s (ORG)
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