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SoftBank Buys Foxconn’s Ohio Plant to Boost Stargate AI Push
SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group’s electric vehicle plant in Ohio, a move aimed at kick-starting the Japanese company’s $500 billion Stargate data center project with OpenAI and Oracle Corp.
SoftBank Buys Foxconn's Ohio Plant to Advance Stargate AI Push, Bloomberg News Reports
SoftBank, which has struggled to create a financial plan for Stargate, approached Foxconn to get the Apple supplier on board with its plan to build data centers and related infrastructure throughout the U.S., which led to the sale of the plant, the report said, citing people familiar with the matter.
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OpenAI has agreed to be an anchor customer for a new data center in Norway, the first European site for the artificial ...
OpenAI’s soaring valuation masks a high-stakes battle against other artificial intelligence startups, Big Tech, and a ...
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As OpenAI scales up revenue, infrastructure, and model complexity, GPT-5 is a test of whether the business can keep pace with ...
SoftBank’s CFO confirms delays in the Stargate AI initiative, exposing the critical role of land, energy, and stakeholder ...
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