SoftBank unveils plans to enter the U.S. neocloud business with SB Neo

Japanese technology conglomerate Softbank Group Corp. and its telecommunications subsidiary SoftBank Corp. are planning to launch a new neocloud business in the U.S. that will rent access to artificial intelligence chips to hyperscalers and other businesses in need of compute resources.

The company said it’s going to establish a new entity called SB Neo Inc., […]

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