News Summary

• SoftBank wants to use the factory to build AI servers as part of the Stargate data center project being spearheaded by the Japanese conglomerate, OpenAI, and Oracle.
• It's unclear what this means for Monarch Tractor, a California-based startup that develops electric and autonomous farm equipment.
• Monarch was the lone customer of Foxconn’s contract manufacturing operation at the Ohio factory, after the other three of the Taiwanese tech giant's prospective customers went bankrupt.
• Foxconn bought the factory in late 2021 from electric vehicle startup Lordstown Motors.