SoftBank reportedly bought Foxconns Ohio factory for the Stargate AI project | TechCrunch
News Source : TechCrunch
News Summary
- SoftBank wants to use the factory to build AI servers as part of the Stargate data center project.
- Foxconn announced it had sold the factory, along with electric vehicle manufacturing equipment that was inside of it, to a buyer it only referred to as “Crescent Dune LLC” It’s unclear what this means for Monarch Tractor, a California-based startup that develops electric and autonomous farm equipment.
- Monarch CEO Praveen Penmetsa has not responded to emailed requests for comment.
The mystery buyer of the former General Motors factory owned by Foxconn in Lordstown, Ohio is apparently SoftBank, according to Bloomberg News. SoftBank wants to use the factory to build AI servers a [+1731 chars]
Never miss a story from us, subscribe to our newsletter