SoftBank plans to build AI servers in the Ohio plant as part of the Stargate plan
Description
SoftBank Group has reportedly purchased Foxconn Technology Group’s Ohio plant to advance the Stargate AI data center project in collaboration with OpenAI and Oracle. The purchase was made at $375 million following the recent struggle experienced by SoftBank to raise funds for the support of the $500 billion Stargate plan. The nature of the sale has been private between the two companies, with sources declining to be identified. The acquisition aims to bring Foxconn into SoftBank’s plan to build ...
Latest News
- Inflation in Bolivia has hit 25%, and dollars are scarce, pushing people toward cryptocurrencies2025-08-08 20:32:19
- Coinbase is adding DEX trading to its app for U.S. users, except in New York2025-08-08 19:49:23
- Brian Quintenz may no longer be fit to run the CFTC2025-08-08 19:40:36
- Ruvi AI’s (RUVI) Audited Token’s Growth Got Analysts Predict 13200% ROI Before 2026, Presale Reached Record Speed After CMC Listing2025-08-08 19:13:49
- Bitcoin’s usual four-year cycle may be ending as new investors and regulations reshape the market2025-08-08 18:57:00