# SoftBank Reports $7.1B Quarterly Loss

> SoftBank's AI power turbine bet backfires as it reports a $7.1 billion quarterly loss.
- Title: SoftBank Reports $7.1B Quarterly Loss · AI Insider | Shortify
- Summary: SoftBank's AI power turbine bet backfires as it reports a $7.1 billion quarterly loss.
- Keywords: softbank, quarterly loss, natural gas turbines, data centers, power generation, AI Insider
- Source: AI Insider — https://theaiinsider.tech/2026/11/13/softbank-takes-7-1b-quarterly-loss-as-ai-power-turbine-bet-backfires
- Author: James Dargan
- Published: 2026-11-13T08:44:37+00:00
- Read time: 1 min
- Topics: softbank, ai, quarterly loss, natural gas turbines, data centers, power generation, technology
## SoftBank's Quarterly Loss
SoftBank reported a $7.1 billion quarterly loss with over half linked to power-generating equipment.
## Overbooked Turbine Strategy
The company placed deposits on more than 13 gigawatts of turbines, almost 50% more than needed.
## AI Power Turbine Bet Backfires
SoftBank now considers much of its nonrefundable deposits worthless after the bid to corner the natural gas turbine market for AI data centers fell short.
## Key takeaway

SoftBank reported a $7.1 billion quarterly loss due to overbooked natural gas turbines for AI data centers.