News

After Deal Talks, Intel’s $2 Billion Infusion From SoftBank Will Accelerate AI Push

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
RCR Wireless News2d

SoftBank buys Ohio plant for AI push

Launched in January, the Stargate joint venture unites OpenAI, SoftBank, and Oracle to accelerate AI infrastructure ...

OpenAI staffers to sell $6 billion in stock to SoftBank, other investors

Current and former OpenAI employees plan to sell approximately $6 billion worth of shares to an investor group that includes ...
WFMJ2d

UPDATE: SoftBank, Foxconn to manufacture AI data center equipment in Lordstown in new partnership

Foxconn, in partnership with Japanese-owned SoftBank, will be building AI data center equipment within the former Lordstown ...
Crain's Cleveland Business2d

Foxconn to operate SoftBank’s Stargate AI server site in Lordstown

Hon Hai Precision Industry Co. will operate a factory in Lordstown owned by SoftBank Group Corp., setting up what’s in the ...

SoftBank Buys Foxconn’s Ohio Plant to Boost Stargate AI Push

SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group’s electric vehicle plant in Ohio, a move aimed ...
The Japan Times2d

Foxconn to operate SoftBank’s Stargate AI server site in Ohio

SoftBank will supply manufacturing gear to the factory, and a joint venture between the two companies will make AI data ...

SoftBank's growing bets on AI and semiconductor assets

SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ambitious bet on ...