SoftBank CFO Says US-Only Stargate Plan Nears First Site Talks

SoftBank Group Corp.’s chief financial officer said the company’s Stargate initiative is running slightly behind schedule but management aims to accelerate progress on the program. The executive added that SoftBank is concentrating resources on Stargate developments in the United States and is not pursuing projects in other countries at this stage. The CFO also indicated that the company is approaching detailed negotiations for its first Stargate site, suggesting that talks could soon become concrete. No timeline or location was disclosed, but the remarks signal that SoftBank is edging closer to launching the project’s initial facility.