SoftBank buys $676M old Sharp plant for its OpenAI collab in Japan
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SoftBank is purchasing a former Sharp factory in Japan for $676 million to convert it into an AI data center, in collaboration with OpenAI.
March 14, 2025 | 9:45 am
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SoftBank is acquiring a former Sharp factory for $676 million to establish an AI data center in Japan, in collaboration with OpenAI.
The acquisition of the Sharp factory is a strategic move by SoftBank to expand its AI capabilities, which is likely to positively impact its stock price in the short term due to the potential growth in AI operations.
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