SoftBank plans to invest $33 billion in building natural gas-powered AI data centers.

LootboxPhobia · 2026-03-20T19:38:42+00:00

SoftBank Group is constructing a large-scale AI data center on federal land in Ohio, planning to install a $33 billion natural gas power generation facility, with total investment estimated between $30 billion and $40 billion. The data center will have a power capacity of 10 gigawatts, capable of powering approximately 9 million households.

LootboxPhobia

2026-03-20 19:38:42

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Investing.com – SoftBank Group Corp. is building a large AI data center on federal land in Ohio, planning to install approximately $33 billion worth of natural gas power facilities to supply it by the end of this decade.

According to a statement released on Friday, the company plans to develop this AI computing complex at a former uranium enrichment facility owned by the U.S. Department of Energy. The facility is designed for a capacity of 10 gigawatts. In comparison, a 1-gigawatt capacity can power about 750,000 homes at any given time.

SoftBank estimates that the cost of the data center, including chips and equipment, will reach $30 billion to $40 billion.

Although the Trump administration previously discussed SoftBank’s $33 billion natural gas project as part of a $550 billion U.S.-Japan trade agreement, this is the first detailed disclosure of the AI data center plan.

The company has already purchased turbines for the natural gas project. SB Energy Co-CEO Rich Hossfeld, supported by SoftBank, said the first turbines are expected to be delivered within a year, with the rest operational before the end of this decade. These turbines have a total power generation capacity of 9.2 gigawatts and will be installed across the region rather than within a single complex.

SB Energy stated that it is planning an additional 800 megawatts of capacity for the data center.

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