SoftBank plans giant Ohio AI data centre powered by gas plants
Gulf Times
SoftBank plans giant Ohio AI data centre powered by gas plants
SoftBank Group Corp is working to build a massive AI data centre on federally owned land in Ohio that it’s planning to power with roughly $33bn worth of natural gas-fired electricity to be installed by the end of the decade. SoftBank is looking to build the AI computing complex, capable of drawing 10 gigawatts of power, at a former uranium enrichment complex owned by the US Energy Department, according to a statement issued on Friday. For comparison, a single gigawatt of capacity can power roughly 750,000 homes at any given moment. The company expects the data centre, including the chips and equipment within it, to cost $30bn to $40bn.
Potential for significant rise in Qatar LNG production; GDP set to grow more than 10% in 2027, says Fitch
Currency bears beware, Asia’s central banks are drawing a line
Key UAE port resumes oil loadings after drone attack, fire
Agility seen as Qatar’s strength in challenges, says top LuLu executive
Can tapping oil reserves tame the Iran war price shock?
US investors await Fed rate outlook as Iran war keeps markets on edge
Germany’s fiscal expansion marks a turning point for economic growth: Qatar National Bank
Iraq to keep crude output at 1.4mn bpd amid war disruption, says oil minister
Gulf airports diversify revenues amid transit slowdown
British Airways, Lufthansa add Asia flights amid high demand
IndiGo CEO resigns months after flight cancellation crisis
Saudi Aramco targets 80% increase in gas production by 2030
Nebras Energy embarks on strengthening global presence, establishing higher generating capacity plants domestically