SoftBank and Meta are making major strides in their push to jumpstart multi-billion dollar data center projects.

SoftBank, the Japanese investment holding company led by Masayoshi Son, is buying an electric vehicle plant in Ohio from major Apple supplier Foxconn, according to Bloomberg .

It’s a notable step for the company, which has been struggling to plan out the finances of its massive Stargate project – a joint effort by SoftBank, OpenAI, Oracle and MGX to invest $500 billion in AI infrastructure across the country. 4

Meta, meanwhile, has tapped US bond giant PIMCO and alternative asset manager Blue Owl to lead its $29 billion financing for data center expansion in rural Louisiana, a source familiar with the matter told The Post.

PIMCO will handle about $26 billion of debt w

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