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SoftBank plans massive US power plant for AI data centres
Gulf Today
|March 23, 2026
Japan's SoftBank Group said Saturday it plans to build a huge new gas-fired power plant in the US state of Ohio to provide energy for artificial intelligence data centers.
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Tech investor SoftBank is a major backer of ChatGPT maker OpenAl, and its flamboyant CEO Masayoshi Son is a longtime ally of US President Donald Trump.
The natural-gas plant is part of a broader $550 billion Japanese investment in the United States that Tokyo agreed to in exchange for reduced trade tariffs.
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