TechnologySoftBank Group says $500bn Stargate project a 'little delayed'
Senior executive says more time is needed to evaluate suitable data center locations
SoftBank Group has posted a net profit for the three months ended in June, thanks to an improved valuation of its investment portfolio. (Photo by Kotaro Igarashi)
RYOHTAROH SATOH
August 7, 2025 16:12 JST
Updated on August 7, 2025 21:07 JST
TOKYO -- The $500 billion Stargate project to build data centers across the U.S. is "a little delayed," a senior executive at SoftBank Group said on Thursday, citing time needed for choosing construction sites as well as for discussion with the project's "many" stakeholders.