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SoftBank, Stargate and Foxconn

SoftBank Concedes Stargate Project With OpenAI Needs More Time

SoftBank Group Corp. said it’s taking longer than anticipated to get Stargate off the ground, conceding for the first time that the $500 billion artificial intelligence tie-up in the US with OpenAI is bogging down.

TechCrunch on MSN · 3d

SoftBank reportedly bought Foxconn’s Ohio factory for the Stargate AI project

Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers.

Seeking Alpha on MSN · 3d

SoftBank acquires Foxconn’s Ohio EV facility to potentially boost Stargate project

Earlier this week, Hon Hai Precision Industry, the flagship unit of Foxconn, said it agreed to sell the EV plant to Crescent Dune LLC for $375M without disclosing the company behind the entity. SoftBank is Foxconn’s counterparty in the transaction, the report noted.

Massive Project Stargate underway in Texas

From a new version of ChatGPT to a behind-the-scenes look at a massive Stargate project in Texas, these are the biggest ...

SoftBank Shares Surge on AI Hope and Sign of Stargate Progress

SoftBank Group Corp.’s shares jumped as much as 8% on Tuesday on bets that the tech investor would be able to capitalize on its years-long focus on artificial intelligence.

Network World3d

Stargate’s slow start reveals the real bottlenecks in scaling AI infrastructure

SoftBank’s CFO confirms delays in the Stargate AI initiative, exposing the critical role of land, energy, and stakeholder ...

WFMJ6d

What is Stargate and Project ETA; are either coming to Lordstown?

The Stargate project is a joint venture planned large scale AI ecosystem, while Project ETA is a new Foxconn venture to build ...

The Register on MSN4d

$500 billion Stargate AI infrastructure project struggles to get off the drawing board

Backer SoftBank isn't fussed, is excited that Arm will provide half of new cloudy CPUs this year The $500 billion Stargate project that aims to build a network of AI datacenters around the globe is ...