SoftBank’s Son Says Ohio Data Center to Be $500 Billion Project

A SoftBank Corp. store in Tokyo.

Photographer: Akio Kon/Bloomberg

SoftBank Group Corp. is developing a data center-focused project in Ohio so massive that Chief Executive Officer Masayoshi Son said it would channel $500 billion into a single campus.

“We are going to do the largest construction project in the country,” Commerce Secretary Howard Lutnick said Friday alongside Son and Energy Secretary Chris Wright at the site.