Japan’s Softbank Group Corp said on Saturday that it plans to build a huge new gas-fired power plant in Ohio to provide energy for artificial intelligence (AI) data centers.
Softbank is a major backer of ChatGPT maker OpenAI, and its CEO Masayoshi Son is a long-time ally of US President Donald Trump.
The natural gas plant is part of a broader US$550 billion Japanese investment in the US that Tokyo agreed to in exchange for reduced trade tariffs.
Photo: AP
Construction of the US$33.3 billion power plant with a “large-scale” power generation capacity of 9.2 gigawatts (GW) would take place at the US Department of Energy’s Portsmouth site, Softbank said.
“This is a size bigger than any power plant, I think, in the world,” Son said at a ceremony in Ohio to announce the project on Friday.
“At least in the United States, for sure, this is the biggest power generation in one location,” he added.
The goal is to develop “the smartest intelligence in the world,” Son said.
The 9.2GW gas-fired plant is part of an overall plan for the site to power 10GW of data center capacity, the US Department of Energy said in a statement.
“Once a cornerstone of America’s national security during the Cold War — enriching uranium for our nation’s defense — the Portsmouth site is now being transformed to help the United States win the AI race,” it said.
Softbank on Saturday announced a consortium with major American and Japanese firms to help build the plant and develop AI infrastructure in Ohio.
Data centers that can train and run chatbots, image generators and other AI tools are being built on a dramatic scale worldwide as an investment boom into the fast-evolving technology shows no sign of slowing.
A study last month found that industrial investment surged by nearly a third last year thanks to investment in AI and data centers in the US.
Elon Musk’s lieutenants have reached out to chip industry suppliers, including Applied Materials Inc, Tokyo Electron Ltd and Lam Research Corp, for his envisioned Terafab, early steps in an audacious and likely arduous attempt to break into the production of cutting-edge chips. Staff working for the joint venture between Tesla Inc and Space Exploration Technologies Corp (SpaceX) have sought price quotes and delivery times for an array of chipmaking gear, people familiar with the matter said. In past weeks, they’ve contacted makers of photomasks, substrates, etchers, depositors, cleaning devices, testers and other tools, according to the people, who asked not to
Taichung reported the steepest fall in completed home prices among the six special municipalities in the first quarter of this year, data compiled by Taiwan Realty Co (台灣房屋) showed yesterday. From January through last month, the average transaction price for completed homes in Taichung fell 8 percent from a year earlier to NT$299,000 (US$9,483) per ping (3.3m²), said Taiwan Realty, which compiled the data based on the government’s price registration platform. The decline could be attributed to many home buyers choosing relatively affordable used homes to live in themselves, instead of newly built homes in the city’s prime property market, Taiwan Realty
JET JUICE: The war on Iran’s secondary effects have seen fuel prices skyrocket, knocking flight schedules down to earth in return as airlines struggle with costs Airline passengers should brace for more irritation in the next few months as carriers worldwide cancel flights and ground planes to cope with stratospheric increases in jet-fuel prices. Dutch flag carrier KLM is the latest company to cut its schedule, saying on Thursday that it would scrap 80 return flights at Amsterdam’s Schiphol Airport in the coming month. That puts it in the same league as United Airlines Holdings Inc, Deutsche Lufthansa AG and Cathay Pacific Airways Ltd, which have all pruned itineraries to mitigate costs. Global capacity for next month has been reduced by about 3 percentage points, with all
Taiwan is attracting a growing number of foreign jobseekers as companies increasingly recruit overseas talent to ease labor shortages and expand global reach, recruitment platform 104 Job Bank (104人力銀行) said yesterday. More than 40,000 foreign nationals searched for jobs in Taiwan through the platform last year, a 28 percent increase from a year earlier, the company said. Malaysians accounted for the largest share of overseas jobseekers at 12.2 percent, followed by Indonesians at 11.9 percent and Vietnamese at 10.8 percent. Indonesian applicants surged more than 50 percent year-on-year, while Vietnamese jobseekers rose by more than 30 percent. Applicants from the