SoftBank To Invest $3 Billion In Ohio Factory For OpenAI Data Centers As It Looks To Advance $500 Billion Stargate Project: Report

This is part of the $500 billion Stargate project, for which OpenAI and SoftBank pledged $18 billion each in January to get the venture started.
: SoftBank Group CEO Masayoshi Son speaks during the SoftBank World 2024 on October 03, 2024 in Tokyo, Japan.
: SoftBank Group CEO Masayoshi Son speaks during the SoftBank World 2024 on October 03, 2024 in Tokyo, Japan. (Photo by Tomohiro Ohsumi/Getty Images)
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Rounak Jain·Stocktwits
Published Nov 20, 2025   |   11:46 AM EST
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SoftBank Group Corp. (SFTBY) is reportedly planning to invest $3 billion in an Ohio factory to manufacture equipment for OpenAI data centers.

According to a Reuters report citing The Information, the investment will be used to overhaul an electric vehicle factory in Lordstown, Ohio.

This is part of the $500 billion Stargate project, for which OpenAI and SoftBank pledged $18 billion each in January to get the venture started.

OpenAI is not publicly listed. Retail sentiment on Stocktwits around the company trended in the ‘neutral’ territory at the time of writing.

Get updates to this developing story directly on Stocktwits.

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