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SoftBank Acquires Sharp Plant for AI

SoftBank Acquires Sharp Plant for $676M AI Data Center

  • SoftBank purchased a former Sharp factory in Osaka for $676 million.
  • The facility will become a data center to train AI models with OpenAI.
  • Operations are scheduled to begin in 2026.
  • The center will support the deployment of Cristal Intelligence, a corporate AI model.
  • Speculation exists about SoftBank potentially investing $25 billion in OpenAI.

SoftBank’s acquisition of the Sharp factory aims to create an advanced data center, enhancing its partnership with OpenAI and supporting the development of Cristal Intelligence. Operations are expected to start in 2026, with potential further investment discussions ongoing.

Source (2.6)https://hodl.press/softbank-acquires-sharp-plant-for-676m-ai-data-center/?rand=24434
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