SoftBank Halts Acquisition Talks with U.S. Data Center Operator Switch
DATA AND AI INFRASTRUCTURE
SoftBank Group has halted acquisition talks for U.S. data center operator Switch, which affects founder Masayoshi Son's Stargate AI infrastructure plans. While a full buyout is off the table, discussions for a partial investment or partnership are ongoing as Switch prepares for a potential $60 billion IPO. Following the news, SoftBank's shares fell 5% in Tokyo amid concerns over its high leverage and liquidity challenges.
Jan 26, 2026, 7:04 PM
