SoftBank Acquires Foxconn's Ohio Plant for AI Server Production
Summary
SoftBank acquires Foxconn's Ohio plant to produce AI servers for its Stargate data center project, a collaboration with OpenAI and Oracle, shifting the factory's original plan for electric vehicle manufacturing.
Key Points
- SoftBank reportedly buys Foxconn's Ohio factory to build AI servers for Stargate project
- Stargate is a data center project by SoftBank, OpenAI, and Oracle
- Foxconn previously planned to develop the factory into an EV manufacturing hub