The initiative divides ownership between the parent investment giant, SoftBank Group Corp., which holds a 49% stake, and its telecommunications subsidiary, SoftBank Corp., which retains a controlling 51% share. The new entity will leverage infrastructure already under development, specifically targeting the 10-gigawatt-scale energy and AI facilities SoftBank is currently building across the United States. Operations are scheduled to begin in the fiscal year ending March 2028.
In section Market Quotes
SoftBank Targets U.S. AI Market with New Neocloud Venture
With plans to launch in July 2026, SoftBank is establishing a new U.S. venture, SB Neo, to provide specialized computing power for artificial intelligence development. The move seeks to capture surging American demand for the infrastructure required to run high-end AI models and large-scale enterprise systems.
To support this expansion, the company is drawing on experience from its Japanese telecom arm, which has operated a beta version of a GPU cloud service since May. Junichi Miyakawa, president of SoftBank Corp., indicated that the U.S. rollout is part of a broader strategy to secure massive energy capacity, with secondary plans to construct gigawatt-scale AI data centers in Japan once the American project gains momentum.
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