# SoftBank reports loss after $3.7 billion data center writedown

_Published Tuesday, November 10, 2026 at 2:48 AM EST · Products, Infrastructure · Latest · Tier 2 — Notable_

SoftBank Group reported its first net loss in almost two years after taking a $3.7 billion writedown on a US data center project, Bloomberg reported. The loss comes amid rising fears over the sustainability of AI growth.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-11-10/softbank-group-earnings-loss-after-ai-worries-hit-tech-stocks-masayoshi-son)

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Canonical: https://techandbusiness.org/newswire/AhVyZGHfozKnsa6b-HlXCk
Published: 2026-11-10T07:48:46.984Z
Story chronology: 2026-11-10T06:35:51.000Z
Retrieved: 2026-11-10T10:16:11.370Z
Publisher: Tech & Business (techandbusiness.org)