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SoftBank donated $50 million to Trump’s library months before federal data center deal

The Verge AI·August 6, 2026·1 min read
SoftBank donated $50 million to Trump’s library months before federal data center deal

AI Summary

SoftBank donated $50 million to the Trump Presidential Library in January prior to a deal to lease land for a data center in Ohio. This donation was disclosed in response to concerns raised by several Democratic lawmakers.

From the source

The Portsmouth, Ohio site where SoftBank will build its data center. | Image: US Department of Energy SoftBank contributed $50 million to the Trump Presidential Library in January, just months before announcing that it's leasing land from the federal government to build a sprawling data center in Ohio. The Japanese company revealed the timing in response to a June letter from Sen. Elizabeth Warren (D-MA), Sen. Richard Blumenthal (D-CT), and Rep. Melanie Stansbury (D-NM), which raised concerns

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View original at The Verge AI

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