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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.
Report: SoftBank Acquires Foxconn Lordstown Plant
News outlet Bloomberg has reported that SoftBank Group Corp. is the entity behind the acquisition of Foxconn’s Lordstown manufacturing plant. The purchase is intended to help launch the Japanese investment firm’s $500 billion Stargate data center project with partners OpenAI and Oracle Corp.
OpenAI rolled out its latest generation of ChatGPT, hailing the model as its smartest and fastest yet as it takes the fight ...
OpenAI hopes its fastest, smartest model yet will help it fend off rising competition from Google, Meta, Anthropic, and ...
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OpenAI targets $500B valuation in early secondary share sale discussions
OpenAI went into early talks to discuss the secondary sale of shares to former and current employees, raising its valuation ...
ChatGPT maker OpenAI is in early-stage discussions about a stock sale that would allow employees to cash out and could value ...
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 ...
As OpenAI scales up revenue, infrastructure, and model complexity, GPT-5 is a test of whether the business can keep pace with ...
SoftBank Group reported Q1 net sales of 1.82 trillion yen, with 8% growth in its net sales segment. The company also made ...
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