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SoftBank to invest $3 billion in Ohio factory for OpenAI data center, The Information reports
Reuters· 2025-11-20 15:44
Core Insights - SoftBank plans to invest up to $3 billion to revamp an electric vehicle facility in Lordstown, Ohio [1] - The remodeled facility will produce equipment for OpenAI's upcoming data centers [1] Investment Details - The investment amount is significant, reaching up to $3 billion [1] - The focus of the investment is on overhauling an existing electric vehicle facility [1] Strategic Implications - The remodeling of the facility indicates a shift towards supporting AI infrastructure, particularly for OpenAI [1] - This move aligns with broader trends in the industry towards integrating electric vehicle technology with data center operations [1]