Soft Bank acquires a factory from "Foxconn" to start the "Stargate" project

Softbank Group Corp captures the foxconnnnnnnol Group Electric Car Group in Ohio, in a move aimed at starting the Stargate database project that intends the Japanese company to implement in partnership with Openai’s Openai. The Oracle Corp, estimated at $ 500 billion. People who are familiar with the ‘Soft Bank’, who have had trouble setting a financial framework for the “Stargate” project, contacted Foxconn to attract her plan to build data centers and linked infrastructure throughout the United States. The insiders, who asked not to reveal their identity because the discussions are still special, came the sale of the electric car factory as a result of these efforts by the Japanese company. Earlier this week, Hon Hai Precision Industry Co, the main unit of the “Foxconn” group, announced that it had agreed to sell the electric car factory to ‘Crescent Dune LLC’ for $ 375 million, without revealing the side behind the entity. The insiders pointed out that ‘soft bank’ is the opposite party for ‘Foxconn’ in this agreement. A “Softbank” representative refused to comment on the agreement, and Foxconn did not respond to ‘Ne post commenting on him. See also: “Softbank” continues to borrow $ 15 billion to finance artificial intelligence with the intention of artificial intelligence. The involvement of “Hun Hai”, an investor in the “Vision 1 Fund” of “SoftBank”, is a great profit for the founder of the group, Masyoshi Son, which wants to be the core of the increasing wave of investment in the infrastructure that supports artificial intelligence. According to Bloomberg, the Taiwanese company intends to operate the factory and use it to produce its artificial intelligence servers, while one of the well -known people indicated that Ohio could be used to offer a data center. The two companies worked together on the production of a semi -human “pepper” robot, and this year has launched a joint project in the United States to build a data center and an industrial facility, with an investment of $ 735 million from each party. It was not immediately clear whether the ‘soft bank’ investment in this joint project includes $ 375 million for the purchase of the electric car factory. Soft Bank is currently studying a number of potential websites to be the headquarters of the “Stargate” project, taking into account the availability of water, electricity and communication networks, but it has experienced difficulties in reaching compatibility with its partners, which led to a delay in the implementation compared to the planned schedule. Gogo, said during a call to discuss the business. The risk of customs duties in January, and during the US President Donald Trump’s announcement of the “Stargate” project, Masayoshi Son stood next to his side and promised to immediately pump $ 100 billion “into data and other infrastructure and infrastructure projects to support artificial intelligence. In addition to the rise of cheaper alternatives to artificial intelligence such as ‘Deep Cick’, which made it difficult to design pricing models that can ensure the necessary financing, according to ‘Bloomberg’ in May. -Charitant. Norway, where “oben ai” is the most important agent.