SoftBank Group

India widens its chip ambitions as AI reshapes talent, cybersecurity and corporate spending worldwide.

The move ties SoftBank’s AI ambitions to power systems, storage and grid management as data centers strain electricity demand.

The acquisition marks a pivot from volatile tech bets toward asset-heavy digital infrastructure with long-term cash flows.

SoftBank CFO Yoshimitsu Goto told Nikkei Asia the group aims to become OpenAI’s largest shareholder and will not back rival model developers.