SoftBank and OpenAI Lead $19B Investments in Stargate AI Initiative
SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative focused on AI data centers, The Information reports. OpenAI and SoftBank will each hold a
SoftBank 'doesn't have the money' for $500 billion Stargate AI infrastructure investment plan - Musk
President Trump announced on Tuesday a massive AI infrastructure project involving OpenAI, Oracle (NYSE:ORCL), and SoftBank (TYO:9984), with an investment plan of up to $500 billion. This project, named Stargate,
SoftBank to help fund and lead Trump-backed Stargate AI project, a $500 billion venture
The president said it will be the largest AI infrastructure ever built and that it will help counter technology threats from China and other countries.
SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports
SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.
OpenAI, SoftBank Building AI Data Centers in $500B Stargate Deal
The Stargate project aims to secure American leadership in AI, protect US national security, and create hundreds of thousands of jobs.
Trump touts $500b AI project from Softbank, Oracle, OpenAI
WASHINGTON - President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence led by Japanese giant Softbank, cloud giant Oracle and ChatGPT-maker OpenAI.
Open AI, Oracle, and SoftBank to invest $500 billion in 'Stargate' AI project
Stargate, a joint venture between Open AI, Oracle, and SoftBank, will invest $500 billion in building AI infrastructure across the U.S.
Trump Announces AI Venture With SoftBank, Oracle, OpenAI
President Donald Trump announces a new US company called Stargate that will invest $500 billion in AI infrastructure, creating over 100,000 jobs.
OpenAI and SoftBank announce $500bn AI project
The Stargate project, announced at the White House, involves an initial investment of $100bn, with plans to increase this to $500bn over the next four years.
SoftBank veteran hunts for profits in payments infrastructure plumbing
Former SoftBank exec Akshay Naheta's startup, Distributed Technologies Research, is trying to bridge the gap between banking ...
SoftBank, Oracle Stocks Jump After Trump Announces Stargate AI Venture
SoftBank, Oracle and others have very big artificial-intelligence spending plans with very little detail. Investors are very pleased. On Tuesday, the new Trump administration said the companies wou ...
Microsoft executive resigns, effective immediately
Microsoft Corporation (NASDAQ:MSFT), the $3.32 trillion tech giant with a "GREAT" financial health score according to ...