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SoftBank reportedly bought Foxconn’s Ohio factory for the Stargate AI project
Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers.
The report comes just a few days after Foxconn announced it had sold the factory, along with electric vehicle manufacturing equipment that was inside of it, to a buyer it only referred to as “Crescent Dune LLC” — an entity that was created in Delaware in late July. Sean O’Kane is a reporter who has spent a decade covering the rapidly-evolving business and technology of the transportation industry, including Tesla and the many startups chasing Elon Musk. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.
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