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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.
Tech companies are racing to build powerful data centers across the nation, especially as President Trump calls for increased ...
SoftBank’s CFO confirms delays in the Stargate AI initiative, exposing the critical role of land, energy, and stakeholder ...
SoftBank Group Corp. shares surged to a record after it swung to a quarterly profit, an affirmation for Masayoshi Son’s bets ...
The Register on MSN3d
$500 billion Stargate AI infrastructure project struggles to get off the drawing boardThe $500 billion Stargate project that aims to build a network of AI datacenters around the globe is off to a slow start, but ...
Japanese investment holding company SoftBank Group (OTC:SFTBF) (OTC:SFTBY) reported first-quarter results on Thursday. The ...
When Japan's SoftBank Group reports earnings on Thursday, its mammoth investments in artificial intelligence companies are ...
After adding more than $65 billion in market value over the past four months, the fate of SoftBank Group Corp. shares is more firmly attached to the global artificial intelligence boom than ever ...
Back in 2019, SoftBank’s Vision Fund sold its entire 4.9 percent stake in Nvidia for $3.3bn, making a $2.6bn profit. If the ...
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