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

March 20, 2026, 9:58 PM UTC

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.

While the US is witnessing a historic scramble by tech companies to build out artificial intelligence computing, the project’s scale described by Son and Trump officials has little precedent. At 10 gigawatts, the center would be among the largest — if not the ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.