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SoftBank takes $3.7B loss on gas turbines reserved for AI data centers, WSJ reports

Per the WSJ, as relayed by Heatmap News, SoftBank reserved about 13 GW of gas turbines, mostly from GE Vernova, and is taking a $3.7 billion loss. About 9 GW are slated for the OpenAI data center in Pike County, Ohio; roughly 4 GW appear set to be given up. TopFive could not open the WSJ.

HEAT
OUTLETS: 3
FIRST SEEN: Nov 11, 2026, 07:40 ET
LAST SIGNAL: 12h ago

Primary source

Heatmap Newsheatmap.news/daily/the-artificial-intelligence-muddle

Coverage · 3 articles, oldest first

Wednesday, November 11, 2026

07:40
The Wall Street Journal
Sources: SoftBank reserved 13GW+ of turbines, equivalent to six Hoover Dams, to power AI; SoftBank took a $3.7B earnings hit mostly from canceled reservations
11:10
Tom's Hardware
tomshardware.com/tech-industry/data-centers/softbank-loses-usd3-7-billion-on-canceled-ai-data-center-gas-turbine-orders-days-after-denying-elon-musks-claim-it-was-defaulting-company-kills-reserved-13-gigawatts-of-power-more-than-six-hoover-dams-worth-of-capacity
19:40
Heatmap News
heatmap.news/daily/the-artificial-intelligence-muddle

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