SoftBank posts $7 billion loss as AI business falters
Business

SoftBank posts $7 billion loss as AI business falters

jack colman
By jack colman
November 11, 2026 1 Min Read
Comments Off on SoftBank posts $7 billion loss as AI business falters

Global technology investor SoftBank Group said it would tone down its aggressive drive to profit from artificial intelligence after posting a $7.1 billion loss in the latest quarter, its first fall into the red in almost two years.

Much of the loss was due to $3.7 billion in fees that SoftBank took on for equipment related to power generation for AI data center projects in the United States, as well as falling stock prices of companies such as Coupanga South Korean e-commerce site.

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jack colman
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jack colman

**Jack** is a staff journalist and digital content writer at **DailyVoxa**, specializing in breaking news, technology, artificial intelligence, business, and global affairs. He is passionate about transforming complex topics into clear, accurate, and engaging stories that help readers stay informed.With a strong focus on fact-based reporting and thorough research, Jack monitors developing events, analyzes reliable sources, and delivers timely news with clarity and context. His work emphasizes accuracy, transparency, and editorial integrity while avoiding sensationalism.At DailyVoxa, every article written by Jack follows the publication's Editorial Policy, Fact-Checking Policy, and Ethics Policy. He is committed to providing trustworthy journalism that empowers readers with reliable information and meaningful insights into the stories shaping the world.

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