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SoftBank

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money

SoftBank lost 10.7% in one day after the AI slowdown calls

On September 14, 2026, SoftBank Group closed at 5,839 yen in Tokyo, down 701 yen or 10.7 percent, after falling as much as 13 percent intraday. The single stock pulled the Nikkei 225 down by about 563 points; the index closed 518 points lower at 63,492.99. The selloff followed a weekend in which Anthropic CEO Dario Amodei called for pacing frontier AI development and OpenAI CEO Sam Altman said he would delay taking OpenAI public until at least 2027. SoftBank has committed $64.6 billion to OpenAI for a stake of about 13 percent, according to TECHi.

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infrastructuremoney

Nvidia cut its backstop for OpenAI's Ohio data center

The Wall Street Journal reported on August 14, 2026 that Nvidia has cut its planned financial backstop for OpenAI's Ohio data center to under $120 billion, down from the roughly $250 billion discussed in July. The new structure covers only the first phase of the 10-gigawatt Piketon, Ohio campus developed by SB Energy, SoftBank's energy arm, with Nvidia guaranteeing the financing that lets OpenAI lease it. Investors had pushed back on how much risk Nvidia was absorbing for its biggest customer, taking about $130 billion of exposure off the table, and per the WSJ a deal could be signed within days.

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infrastructuremoney

Nvidia may backstop $250 billion for OpenAI's Ohio campus

The Wall Street Journal reported on July 26, 2026 that Nvidia is in talks to backstop roughly $250 billion in financing for OpenAI, letting it lease a 10-gigawatt campus that SoftBank's SB Energy is developing in Piketon, Ohio, with the first 800-megawatt phase expected in 2028. The companies are also discussing separate financing for up to $350 billion in OpenAI chip purchases, which could push the total project past $500 billion, the largest data center project announced to date. The talks are not finalized and could still fall through.