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OpenAI GPT-5 Launches, SoftBank $375M AI Hub, DALL-E Videos

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SoftBank is making a significant move into AI infrastructure by acquiring Foxconn's Ohio plant for $375 million. This acquisition supports SoftBank's ambitious $500 billion "Stargate" project in collaboration with OpenAI and Oracle, with an initial $100 billion deployment. The Ohio facility, previously a General Motors assembly line, will be transformed into an AI hub, potentially manufacturing AI servers and custom AI chips. SoftBank aims to create a self-sustaining ecosystem, integrating AI research, development, and manufacturing within the U.S., potentially generating 100,000 jobs nationwide. Meanwhile, OpenAI has launched its most advanced AI model, GPT-5, which CEO Sam Altman describes as a major step toward artificial general intelligence (AGI). Altman envisions GPT-5 as a tool that could save lives by assisting doctors and unlock a $100 billion business opportunity. Elon Musk has claimed that xAI's Grok 4 Heavy is superior to GPT-5. In other AI developments, OpenArt, founded by ex-Google employees, now allows users to create 'brain rot' videos with one click using AI models like DALLE-3 and Stable Diffusion. PwC is also adapting to the rise of AI by training junior accountants for manager-level roles, as AI takes over entry-level tasks. However, a recent study indicates that AI's reasoning abilities are limited by its training data, struggling with tasks outside of its established patterns. Additionally, a proposal has been made to replace a generating station in Springdale with an AI data center.

Key Takeaways

SoftBank is acquiring Foxconn's Ohio plant for $375 million to support its $500 billion "Stargate" AI project with OpenAI and Oracle.
The Stargate project aims to deploy $100 billion initially, scaling to $500 billion by 2030, potentially creating 100,000 jobs.
OpenAI has launched GPT-5, described by CEO Sam Altman as a major advancement toward artificial general intelligence (AGI).
Sam Altman believes GPT-5 could save lives as a physician assistant and unlock a $100 billion business opportunity.
Elon Musk claims xAI's Grok 4 Heavy is superior to OpenAI's new GPT-5.
OpenArt, founded by ex-Google employees, now creates 'brain rot' videos with one click using AI models like DALLE-3 and Stable Diffusion.
PwC is training junior accountants for manager-level roles as AI takes over entry-level tasks.
A study shows AI's reasoning abilities are limited by its training data.
An AI data center has been proposed to replace a generating station in Springdale.
SoftBank's Ohio plant could become a template for future AI-focused manufacturing hubs.

SoftBank buys Foxconn Ohio plant to boost Stargate AI project

SoftBank is buying Foxconn's electric vehicle plant in Ohio to help start its $500 billion Stargate data center project with OpenAI and Oracle. SoftBank struggled to create a financial plan for Stargate and approached Foxconn to help build data centers across the US. Foxconn's unit sold the plant to Crescent Dune LLC for $270 million, with SoftBank as the buyer. The Ohio site may be used to host a data center and for AI server manufacturing. SoftBank's Stargate project aims to deploy $100 billion into AI infrastructure.

SoftBank acquires Foxconn's Ohio plant for AI Stargate project

SoftBank Group Corp is buying Foxconn's electric vehicle plant in Ohio to launch its Stargate data center project. The Stargate project is a $500 billion investment for AI infrastructure funded by SoftBank, OpenAI, and Oracle. SoftBank approached Foxconn to build data centers and related infrastructure in the US, leading to the plant's sale. The Ohio site might become a data center. The Stargate Project is expected to create over 100,000 jobs in the U.S.

SoftBank's Ohio plant buy could reshape AI hardware dominance

SoftBank's acquisition of Foxconn's Ohio plant signals a big shift in the AI hardware industry. The Ohio plant, a 1.2 million-square-foot facility, could help SoftBank's Stargate project scale production of custom AI chips and hardware. By securing a U.S.-based facility, SoftBank reduces risks and aligns with incentives for domestic chip manufacturing. SoftBank's Vision Fund 2 aims to build a self-sustaining ecosystem, integrating manufacturing with AI research and development. The Ohio plant could become a template for future AI-focused manufacturing hubs.

SoftBank buys Foxconn's Ohio factory for $375M to build AI hub

SoftBank acquired Foxconn's Ohio factory for $375 million to create an AI hub. The factory will support SoftBank's $500 billion Stargate project with OpenAI and Oracle Corp. The Ohio plant, previously a General Motors assembly line, will manufacture AI servers. Foxconn will still operate the facility, producing specialized hardware for AI. The Stargate project plans to deploy $100 billion quickly, scaling to $500 billion by 2030, potentially creating 100,000 jobs nationwide.

AI disagreements

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Chris Cuomo falls for fake AI video

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AI data center pitched to replace Springdale generating station

Developers are proposing an AI data center to replace a generating station in Springdale. KDKA's Ricky Sayer reported on the meeting where the idea was presented and residents shared their feedback.

Musk says Grok 4 Heavy beats OpenAI's new GPT-5

Elon Musk claimed his xAI's Grok 4 Heavy was smarter than OpenAI's newly launched GPT-5 two weeks ago. Musk said Grok 4 Heavy is already much better than GPT-5. OpenAI's CEO Sam Altman described GPT-5 as a major step toward artificial general intelligence (AGI). Grok 4, launched July 9, is described as the 'most intelligent model in the world' by xAI. The US government is using ChatGPT across its agencies.

Gold prices near record high, OpenAI launches GPT-5 and more

US President Donald Trump has ruled out trade negotiations with India until tariff issues are resolved. Gold prices in India are near all-time highs, reaching ₹1.02 lakh per 10 grams for 24-karat gold. OpenAI has launched GPT-5, its most advanced AI model, which Microsoft is rolling out across its platforms. Gold futures in New York surged due to US tariffs on imports of one-kilogram bullion bars.

OpenAI's Sam Altman unveils advanced GPT-5 AI model

OpenAI CEO Sam Altman introduced GPT-5, calling it a significant step toward AI intelligence. He explained how GPT-5 will change what users and businesses can do with AI.

PwC trains junior accountants for AI-driven manager roles

PwC is training junior accountants to handle manager-level tasks because AI will handle entry-level work. Within three years, new hires will oversee AI performing routine audit tasks. PwC is focusing on teaching soft skills, negotiation, and professional skepticism to junior employees. PwC's 'Assurance for AI' helps clients ensure their AI is operated responsibly. AI is changing business models, organizational structures, and day-to-day roles in accounting.

OpenArt creates 'brainrot' videos with one click

OpenArt, an AI startup founded by ex-Google employees, now creates 'brain rot' videos with one click. The company's new feature lets users input a sentence, script, or song to create a one-minute video. OpenArt offers templates like Character Vlog, Music Video, and Explainer. The platform uses over 50 AI models, including DALLE-3 and Stable Diffusion. OpenArt aims to lower the barrier to becoming an AI creator, but ethical issues like IP infringement are a concern.

AI reasoning limited by training, study finds

A new study shows AI's step-by-step reasoning fails outside its training patterns. Researchers built their own model to test the limits of machine reasoning. The model struggled when tasks, length, or format changed. AI's 'Chain of Thought' reasoning is limited to its training. AI's reasoning doesn't adapt like humans, it stays within its training.

GPT-5 could save lives, fuel $100B AI boom says Altman

OpenAI CEO Sam Altman says GPT-5 could save lives as a physician assistant and unlock a $100 billion business opportunity. Altman believes companies could build AI tools with GPT-5 to assist doctors. He described the new model as a significant step for the company and AI technology. Altman also plans to sell tools to companies to boost productivity and efficiency. He mentioned personalized workplace AI could help employees automate tasks, increasing productivity.