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

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View of SoftBank store in Kyoto

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SoftBank Group (OTCPK:SFTBY) (OTCPK:SFTBF) is the buyer taking ownership of Foxconn Technology's (OTCPK:FXCOF) electric vehicle plant in Ohio, a move intended to jump-start the company’s $500B Stargate data center project with OpenAI and Oracle (NYSE:ORCL), Bloomberg News reported.

SoftBank had

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