TechBloomberg Tech44m ago

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

TL;DRSoftBank's mobile division preparing for potential US AI datacenter demand slowdown.

Why it matters: Signals major tech investor is hedging on AI hype; could indicate broader market skepticism ahead.

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.

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Source: Bloomberg Tech · Opens in new tab