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General / Energy Energy

SoftBank’s billion-dollar loss may have put a cap on AI’s natural gas ambitions

Source: techcrunch November 12, 2026 · 09:00
SoftBank’s billion-dollar loss may have put a cap on AI’s natural gas ambitions
Photo by BOOM 💥 Photography · Pexels
From the publisher
SoftBank lost over $3 billion pre-ordering natural gas turbines to power AI data centers. Here's what the loss means to power markets.
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TechCrunch

TechCrunch is an American global online newspaper focusing on topics regarding high-tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 acquisition of AOL and Yahoo! by Verizon, the site was owned by Verizon Media from 2015 through 2021.

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