Industry
SoftBank to launch gigawatt-scale battery business with South Korean firm in AI-era power bet
SoftBank is moving into battery production in Japan to meet surging power demand driven by the spread of artificial intelligence, aiming to expand into a power and data infrastructure company. It plans to build a battery production base called the GX Factory on the former Sharp Sakai plant site in Sakai, Osaka. SoftBank will develop zinc halide batteries with South Korean firm Cosmos Lab and build energy storage systems with DeltaX.
