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SoftBank Buys Foxconn’s Ohio Plant to Jumpstart 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 named as buyer of Foxconn Ohio factory, site could eventually host a Stargate data center – report
According to a report from Bloomberg, the purchase is the result of efforts by SoftBank to involve Foxconn in the $500 billion Stargate data center project, which the Japanese investment company is currently undertaking with OpenAI, Oracle, and Abu Dhabi's MGX.
New York Post on MSN54m
SoftBank, Meta make strides in data center push with purchase of EV plant, financing plansTech companies are racing to build powerful data centers across the nation, especially as President Trump calls for increased ...
14hon MSN
A few of SoftBank's portfolio companies are expected to go public this year. Shares of SoftBank Group ended Friday 10.39% ...
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SoftBank Group Corp is acquiring Foxconn Technology Group's electric vehicle plant in Ohio, in a bid to launch the Japanese ...
Japan's Topix index climbed above the key psychological mark of 3,000 points for the first time on Friday, underpinned by ...
The investment conglomerate reported a higher-than-expected profit, aided by a recovery in its te ...
The fund booked $308 Mn in unrealized gains, largely due to Swiggy’s 20%+ share price rally in June and ongoing momentum into ...
Japanese technology conglomerate SoftBank Group has reported a $2.9 billion profit for the April-June quarter, rebounding ...
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