SoftBank reportedly bought Foxconn’s Ohio factory for the Stargate AI project

The Mystery buyer According to Bloomberg News, Ohio is clearly softbank in the former General Motors factory owned by Foxconn at Lordstown. The factory wants to use the factory to create AI servers as part of the Softbank Stargate Data Center project that is run by the Japanese company, OpenAI and Oracle.

Just a few days after the announcement of the Foxcon, the report came that the factory was sold, with the electric vehicle manufacturing equipment inside it, it was only known to a buyer as “Crescent Dun LLC” – it was an entity made in late July in Delaware. No company immediately responded to the requests for the comment.

It is unclear what the California -based startup that develops electrical and autonomous farm equipment is not clear for the Monarch tractor. Foxconn contract was the lonely customer of Foxconn contract production operations at Ohio factory after three other customers of Taiwanese Tech Giants Went bankruptThe King CEO Penmesmesta did not respond to the email request for the comment.

One day after Donald Trump’s inauguration, Softbank, OpenAI and Oracle Stargate announced the project. This effort is currently involved in a large data center that is being built in Texas, but companies have said that they want to build infrastructure in other states and countries. In May, Bloomberg said the softbank was struggling to raise funds for the project and it was already interrupted by countless trade wars in Trump.

Foxconn bought the factory from the Electric Startup Lordstown Motors by the end of 2021. At that time, Foxcon Chairman Young Liu said his company had sought to develop the site as “the most important electric vehicle manufacturing and research and development center in North America.”

The sale was closed in 2022 and a year later Lordstown Motors filed for bankruptcy. Fisker Inc. And potential customers like California Startup Indiv went out of business.