Shares of SoftBank Group surged 8% intraday on Tuesday, fueled by market anticipation that the tech investment giant would capitalize on its long-standing AI sector strategy. On Friday, media reports revealed that SoftBank had acquired Foxconn Technology Group's electric vehicle factory in Ohio, with plans to integrate it into the ambitious 'Star Gate' data center project. This colossal undertaking, a collaborative effort between SoftBank, OpenAI, and Oracle Corporation, boasts a total investment of $500 billion. Despite initial setbacks in launching the 'Star Gate' project, SoftBank remains resolutely committed, aiming to fortify its position in AI computing infrastructure through this strategic acquisition.