SoftBank buys Foxconn’s Ohio plant to jumpstart Stargate AI push: Report
SoftBank Group Corp is acquiring Foxconn Technology Group’s electric vehicle plant in Ohio, in a bid to launch the Japanese company’s Stargate data centre project, Bloomberg News reported on Friday.
US President Donald Trump in January announced Stargate, a private sector investment of up to $500 billion for AI infrastructure, funded by SoftBank, OpenAI and Oracle.
