SoftBank Group says $500bn Stargate project a 'little delayed'

Senior executive says more time is needed to evaluate suitable data center locations

20250807 SoftBank

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

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.

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