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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.
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.
From classic cars to failed EV dreams to a new AI future. We trace the history of the Lordstown factory and explore its new ...
SoftBank confirms delays in its $500B Stargate AI venture but reboots the project by acquiring a Foxconn plant in Ohio for a ...
Tech companies are racing to build powerful data centers across the nation, especially as President Trump calls for increased ...
The Stargate project is a joint venture planned large scale AI ecosystem, while Project ETA is a new Foxconn venture to build ...
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