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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.
The firm's emergence as the unnamed buyer of Foxconn's electric vehicle plant in Ohio is spurring optimism that it may be ...
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SoftBank Plans PayPay’s U.S. IPO After Blockbuster ResultsJapan’s investment conglomerate SoftBank Group (SFTBY) is preparing for the initial public offering (IPO) of its payment app ...
SoftBank Group Corp. shares surged to a record after it swung to a quarterly profit, an affirmation for Masayoshi Son’s bets ...
SoftBank’s CFO confirms delays in the Stargate AI initiative, exposing the critical role of land, energy, and stakeholder ...
Tech companies are racing to build powerful data centers across the nation, especially as President Trump calls for increased ...
Japanese investment holding company SoftBank Group (OTC:SFTBF) (OTC:SFTBY) reported first-quarter results on Thursday. The ...
SoftBank Group Corp. is building up stakes in Nvidia Corp. and Taiwan Semiconductor Manufacturing Co., the latest reflection ...
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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