SoftBank Group Corp.’s shares jumped as much as 8% on Tuesday on bets that the tech investor would be able to capitalise on its years-long focus on artificial intelligence.
The Tokyo-based company is the unnamed buyer of Foxconn Technology…
Tech
SoftBank shares surge on AI hope and sign of stargate progress
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The Tokyo-based company is the unnamed buyer of Foxconn Technology Group’s EV plant in Ohio and plans to incorporate the facility into SoftBank’s $500 billion Stargate data centre project with OpenAI and Oracle Corp., Bloomberg reported on Friday.
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