SoftBank to invest $3 billion in Ohio factory for OpenAI data center, The Information reports


SoftBank Corp's logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon

(Reuters) -SoftBank plans to invest up to $3 billion to overhaul an electric vehicle facility in Lordstown, Ohio, which will produce equipment for OpenAI’s forthcoming data centers after being remodeled, The Information reported on Thursday.

The plant will manufacture equipment for data centers in Milam County, Texas, and other locations, the report said, as the Japanese conglomerate goes all-in on the startup at the heart of the generative AI boom.

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