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SoftBank’s Son Says Ohio Data Center to Be $500 Billion Project

Ari Natter, Will Wade
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⚡ Quantum Brief
SoftBank CEO Masayoshi Son unveiled plans for a $500 billion data center campus in Ohio, calling it the largest U.S. construction project ever. The facility will focus on AI infrastructure, marking a historic investment in computational power. The project involves dedicated on-site gas plants to power the data center, addressing energy demands for AI workloads. Energy Secretary Chris Wright joined the announcement, signaling federal support for the initiative’s energy strategy. Ohio Commerce Secretary Howard Lutnick emphasized the project’s economic scale, framing it as transformative for the state’s tech and infrastructure sectors. Local officials anticipate job creation and long-term growth. Son’s vision ties to SoftBank’s broader AI ambitions, positioning Ohio as a global hub for next-gen computing. The campus will likely integrate quantum-classical hybrid systems to support advanced AI research. The 2026 announcement underscores accelerating competition in AI infrastructure, with private and public sectors collaborating on unprecedented energy-intensive tech projects. Timelines and partners remain undisclosed.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The AI Race:A SoftBank Corp. store in Tokyo.SoftBank Group Corp. is developing a data center-focused project in Ohio so massive that Chief Executive Officer Masayoshi Son said it would channel $500 billion into a single campus.“We are going to do the largest construction project in the country,” Commerce Secretary Howard Lutnick said Friday alongside Son and Energy Secretary Chris Wright at the site.

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Source: Bloomberg Technology

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