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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.
OpenAI rolled out its latest generation of ChatGPT, hailing the model as its smartest and fastest yet as it takes the fight ...
Shares in SoftBank Group jumped more than 13% to a record high on Friday in a show of investor support for the Japanese ...
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OpenAI targets $500B valuation in early secondary share sale discussionsOpenAI went into early talks to discuss the secondary sale of shares to former and current employees, raising its valuation ...
GSA announces OpenAI partnership bringing ChatGPT to federal workforce at nominal cost, supporting Trump administration's ...
OpenAI makes money primarily through ChatGPT subscription plans ($20 a month) and licensing its A.I. models to enterprise clients and developers. While OpenAI has not confirmed profitability, CNBC ...
SoftBank confirms delays in its $500B Stargate AI venture but reboots the project by acquiring a Foxconn plant in Ohio for a ...
Japanese giant SoftBank Group's stock surged more than 10% on Friday after the firm reported higher-than-expected financial ...
As OpenAI scales up revenue, infrastructure, and model complexity, GPT-5 is a test of whether the business can keep pace with ...
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