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beambot01/21/20254 repliesview on HN

SoftBank isn't a US entity, right? Aside from their risk tolerance, that seems like an odd bedfellow for a national US initiative...


Replies

rirarobo01/21/2025

MGX also isn't a US entity, it's a UAE sovereign wealth venture

https://www.mgx.ae/en

gilgoomesh01/22/2025

It doesn't seem to be a US initiative.

I'm sure they're getting tax credits for investment (none of the articles I can find actually detail the US gov involvement) but the project is mostly just a few multinationals setting up a datacenter where their customers are.

Havoc01/22/2025

They’re in the US (their fund stuff). Not far from an oracle campus actually. The parent org is in Japan.