This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.
SoftBank Group plans to build 5 GW of AI data center capacity in France
SoftBank Group (SFTBY) announced its commitment to develop and operate 5 gigawatts, GW, of AI data center capacity in France, representing an investment of up to EUR 75 billion. The first phase, comprising an initial EUR 45B investment to deliver 3.1 GW of AI data center capacity in the Hauts-de-France region, is part of the 2026 Choose France summit hosted by President Emmanuel Macron.
Claim 55% Off TipRanks
- Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis.
- Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SFTBY:
Disclaimer & DisclosureReport an Issue
- SoftBank (SFTBY) Stock Falls as $87B AI Data Center Bet Raises Funding Risks
- ByteDance Moves to Escape Intel (INTC) With In-House CPU Chips to Fuel AI Ambitions
- SoftBank shares higher with lift from OpenAI IPO hopes, Bloomberg reports
- SoftBank (SFTBY) to Raise $1.6B in New Bond Sale as AI Funding Needs Grow
- SoftBank to raise $1.6B through sale of bonds, Bloomberg reports
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
