SoftBank Group has announced the acquisition of Foxconn's electric vehicle plant in Ohio, USA, as a strategic move to accelerate its ambitious 'Star Gate' data center project. This strategic acquisition is designed to overcome the financing hurdles faced by SoftBank in realizing the 'Star Gate' project by partnering with Foxconn to construct data centers and supporting infrastructure across the United States. Foxconn sold the plant to a SoftBank subsidiary for $375 million, positioning the site as a potential future data center.