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SoftBank buys Foxconn plant in Ohio for $375M to make AI servers
Foxconn, officially Hon Hai Precision Industry Co., is the world’s largest contract electronics manufacturer. It assembles Apple Inc.’s iPhones and supplies servers to multiple cloud providers. The company is also active in numerous other markets including the auto sector.
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.
Tech companies are racing to build powerful data centers across the nation, especially as President Trump calls for increased ...
SoftBank Group Corp. said it’s taking longer than anticipated to get Stargate off the ground, conceding for the first time ...
1don MSN
SoftBank's ambitious $500 billion "Stargate" AI project with OpenAI is facing delays as securing consensus among partners ...
Cryptopolitan on MSN2d
OpenAI targets $500B valuation in early secondary share sale discussionsOpenAI went into early talks to discuss the secondary sale of shares to former and current employees, raising its valuation ...
ChatGPT maker OpenAI is in early-stage discussions about a stock sale that would allow employees to cash out and could value ...
SoftBank confirms delays in its $500B Stargate AI venture but reboots the project by acquiring a Foxconn plant in Ohio for a ...
As OpenAI scales up revenue, infrastructure, and model complexity, GPT-5 is a test of whether the business can keep pace with ...
Shares in SoftBank Group jumped more than 13% to a record high on Friday in a show of investor support for the Japanese ...
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