Crypto

SoftBank Shares Plummet as Oracle Warning Sparks AI Funding Concerns

Guavy AI Editorial Team Published September 25, 2026

Instruments

JUP

SoftBank Group shares plummeted 3.1% to 6,154.0 yen on Friday after Oracle's warning about a data-center project raised concerns over AI funding.

Oracle sent a force-majeure notice to a Blue Owl unit working on Project Jupiter, part of the $500 billion Stargate initiative involving Oracle, OpenAI, and SoftBank Group.

The warning was due to possible power delays at the project, which is scheduled to come online in 2028. Power, construction, and financing issues are now raising doubts about whether the timeline can be met.

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