Softbank has stopped discussions about a possible acquisition of Switch, Min-Jeong Lee, Taro Fuse, Josh Sisco, and Ryan Gould of Bloomberg reports. For months, founder Masayoshi Son has pursued a deal of around $50B for Switch, believing control of the company could help roll out Stargate AI infrastructure, people familiar with the matter said. Earlier this month, however, Son conceded that a full acquisition was no longer an option and scrapped a planned January announcement, but the two companies continue to discuss partial investment or a partnership, sources added.
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