softbank stargate - Search News

News

Foxconn and SoftBank to make data center equipment in Ohio

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 GM Assembly plant. Reuters first reported the news on Monday. The work will be, as 21 News has previously reported, part of the Stargate project to build up to 16 artificial intelligence data centers across the US.

The Columbus Dispatch on MSN · 2d

Foxconn and SoftBank to make data center equipment in Ohio for Stargate project

TAIPEI (Reuters) - Foxconn said on Aug. 18 it plans to manufacture data center equipment with Japan's SoftBank at the Taiwanese firm's former electric vehicle factory in Ohio, part of the Stargate project to advance U.S. artificial intelligence infrastructure.

Tom's Hardware on MSN · 3d

SoftBank acquires Foxconn's Ohio facility to build Stargate AI servers — $375 million deal says Foxconn will continue to operate the plant

Foxconn has sold its Lordstown, Ohio, factory to SoftBank but will keep operating it as an AI server hub for the $500 billion Stargate project.

Intel gets $2 billion from SoftBank

Reuters on MSN · 2d

Intel gets $2 billion lifeline in the form of SoftBank equity investment

SoftBank's investment will come via a primary issuance of common stock by Intel, and, based on the U.S. company's market capitalisation at close of trading on Monday, represent an equity stake of just under 2%, an Intel spokesperson said.

MarketWatch on MSN · 23h

Here’s how SoftBank could turn Intel’s fortunes around

SoftBank Group Corp.’s $2 billion investment in Intel Corp. could be the catalyst the struggling chip maker needs to turn the corner, some analysts believe. Melius Research analyst Ben Reitzes raised his price target on Intel’s stock to $25 from $21,

Fox Business on MSN · 1d

Intel gets $2 billion from Softbank as White House mulls stake

SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports, as talks with the company and Trump's team advance.

14don MSN

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 ...

Intel, SoftBank Discussed a Sale. Now, a Cash Infusion Will Accelerate American AI.

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

TelecomTV2d

What’s up with… Intel, SoftBank, Deutsche Telekom & Nvidia

Intel secures $2bn investment from SoftBank GroupSoftBank lines up Stargate factory in OhioDeutsche Telekom and Nvidia pitch ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results