Data centre investment triggers $7 billion loss for SoftBank

SoftBank Group reported a quarterly loss of 1.115 trillion yen, or approximately $7.06 billion, for July-September 2026. A $3.7 billion loss linked to revised US data centre equipment procurement plans and financing costs of 462 billion yen contributed to the result. The company continues to expand its AI investments, including its $64.6 billion investment in OpenAI.