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Abandoned Factory
News

Old Factories, Empty Offices Help Fuel Midwest Data Center Building Boom

... other infrastructure developed for the Chinese firm. In Lordstown, Ohio, SoftBank acquired an existing Foxconn factory that it plans to convert ...

Oct 05, 2025
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Fortress Investment Group Co-CEO Josh Pack Dies At 51
News

Fortress Investment Group Co-CEO Josh Pack Dies At 51

... Mubadala Investment Co., which bought a stake from Japan’s SoftBank Group Corp. in 2023, Bloomberg reported. Co-CEO and Managing ...

Oct 01, 2025
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Nvidia CEO Jensen Huang at the White House AI Summit in July 2025.
News

Nvidia To Invest $100B In OpenAI For 10-Gigawatt Data Center Build-Out

... initiatives like OpenAI and Oracle’s Stargate Project, for which SoftBank has pledged an initial $100B.  Although this will be Nvidia ...

Sep 22, 2025
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Adam Neumann
News

WeWork Story Headed For The Silver Screen

... Neumann and numerous other sources at WeWork and SoftBank, the Hollywood Reporter reports. SoftBank acquired control of the money-losing coworking ... its proposed IPO was a good idea. Since then, SoftBank has kicked off a turnaround plan for WeWork that has ...

Dec 03, 2019
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WeWork's First Public Earnings Report Shows Narrowing Losses, Year-Over-Year Revenue Decline
News

WeWork's First Public Earnings Report Shows Narrowing Losses, Year-Over-Year Revenue Decline

...  in line with its largest publicly traded competitor, IWG. Though SoftBank Group remains the company's largest shareholder by far, the ... days of excess driven by former CEO Adam Neumann and SoftBank head Masayoshi Son appear to be over. CORRECTION, NOV. 16 ...

Nov 15, 2021
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Vantage Plans $25B, 10-Building Data Center Campus In Central Texas
News

Vantage Plans $25B, 10-Building Data Center Campus In Central Texas

... data centers near Phoenix. The $500B Stargate venture between OpenAI, SoftBank and Oracle has gotten off to a slow start. The ...

Aug 19, 2025
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The New York Stock Exchange
News

A Different Beast? Analysts Weigh In On How WeWork Will Fare When It Finally Goes Public

... tidy $550M-plus payout and main investor SoftBank putting up $9.5B in equity and ... 4M.  Currently $18.5B in the hole, SoftBank will be hoping their efforts pay off. WeWork ... rather than its private sector investors like SoftBank if it needs more equity to grow. ...

Oct 15, 2021
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UAE's Sovereign Wealth Fund Names First Head Of Americas Real Estate
News

UAE's Sovereign Wealth Fund Names First Head Of Americas Real Estate

... New York-based Fortress Investment Group, which it acquired from SoftBank last May. The acquisition came a month after the two ...

Jul 28, 2025
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Data center design
News

Data Centers Prop Up Construction Industry Amid Economic Turmoil

... data center plans include Stargate, the joint venture of OpenAI, SoftBank and Oracle, which is building a 206-megawatt data center ...

Jul 15, 2025
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Getting Fast, Reliable Power To Keep Up With The Texas Data Center Dash
News

Getting Fast, Reliable Power To Keep Up With The Texas Data Center Dash

... as massive developments like Stargate, a $500B megaproject from OpenAI, SoftBank and Oracle, and GigaPop, an 800K SF data center in ...

Jul 03, 2025
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