The head of SoftBank is preparing for a possible slowdown in demand for artificial intelligence data centers in the US and said the company may turn to other markets to seek growth. The mobile business under the SoftBank Group was previously laying the foundation for the launch of a new AI cloud service business in the US. Currently, it is evaluating the impact of the Democratic Party sweeping the midterm elections last week and the growing sentiment against building data centers. “The major changes that have occurred in the US will not be particularly beneficial to us,” SoftBank's mobile business CEO Junichi Miyakawa told investors at an earnings briefing in Tokyo. He added that overall global demand for AI data centers remains strong. If the situation in the US worsens too seriously, “we may start doing business in other countries first.” As the third-largest mobile operator in Japan, SoftBank is one of the largest sources of cash for Sun Zhengyi's investment group. Under Miyakawa's leadership, the company has expanded its business into data centers and AI services to seize the opportunities brought about by the surge in demand from Japanese companies.

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