Sources: SoftBank plans to invest up to $3B to remodel an EV plant in Lordstown, Ohio, that will produce equipment for OpenAI's forthcoming US data centers
Sri Muppidi / The Information :
A look at Intel's $28B Ohio chip factory, the largest economic development project in Ohio's history, initially set for a 2025 opening but now delayed till 2030
Kris Maher / Wall Street Journal : Bluesky: @computing and @scottlincicome Bluesky: Dennis Lam / @computing : i am long INTC on the grounds that as a natural security matter, it will be forced to suc...
SoftBank buys Foxconn's Ohio EV plant; Foxconn will still run the plant and make AI servers as part of Softbank's $500B Stargate project with OpenAI and Oracle
Hon Hai Precision Industry Co. will operate a US factory owned by SoftBank Group Corp., setting up what's in the running …
Sources: SoftBank purchased Foxconn's EV plant in Ohio for $375M, a move aimed at kickstarting its $500B Stargate data center project with OpenAI and Oracle
SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group's electric vehicle plant in Ohio …
Sources: OpenAI has agreed to rent additional computing power from Oracle, totaling ~4.5 gigawatts of US data center power, as part of its Stargate initiative
OpenAI is dead man walking then, Microsoft owns all the IP, and it burns $60+b in competitor venture capital. … @onefeincat : Enough power to send 3.71 Martys McFly back to 1985, and they're using it ...
Trump says Elon Musk “went CRAZY” and that canceling his government contracts is “the easiest way to save money”, as their One Big Beautiful bill feud escalates
Musk has gone to war with Donald Trump. What happens next? Dan Milmo / The Guardian : Elon Musk signals he may back down in public row with Donald Trump Wired : Elon Musk's Feud With President Trump ...
RevenueCat, which offers tools for devs to add subscriptions to their apps, raised a $50M Series C led by Bain Capital Ventures, valuing the company at $500M
The news just broke on Reuters, was featured in TechCrunch … Lucinda Shen / Axios : First Look: Axios Pro Premium PYMNTS.com : RevenueCat Raises $50 Million to Expand Platform for Monetizing Consumer ...
A US judge grants a permanent injunction against an Ohio law that required platforms to verify users are at least 16 and seek parental consent for younger users
Bloomberg Law :
Apple plans to begin on-device, privacy-centric analysis of user data, comparing it to synthetic data, to improve AI, in the iOS 18.5 and macOS 15.5 betas
without reading them Emma Roth / The Verge : Apple's complicated plan to improve its AI while protecting privacy Ivan Mehta / TechCrunch : Apple details how it plans to improve its AI models by privat...
Microsoft backs out of its October 2024 plan to invest $1B in three Ohio data center campuses, the latest in a series of its data center project cancellations
Another data center project bites the dust — Microsoft has backed out of plans to build data centers in Licking County, Ohio.