SoftBank Takes Over $3 Billion Loss on Gas Turbine Pre-Orders for AI Data Centers

SoftBank lost more than $3 billion on pre-orders of natural gas turbines intended to power AI data centers. The loss is being read as a signal about how far AI infrastructure builders will go in committing to gas-fired power. The source frames it as a possible limit on natural gas's role in AI's energy plans.

Why it matters: Power supply has become a binding constraint on AI infrastructure, so a major investor's costly turbine bet shows the financial risk of securing data center energy.