SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump
OpenAI teams up with SoftBank and Oracle on $500B data center project
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
'They Don't Have The Money,' Elon Musk Says Of $500B OpenAI-SoftBank-Oracle AI Project Stargate
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.
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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
Microsoft’s relationship with OpenAI cracked when it hired Mustafa Suleyman, rival Marc Benioff says
Salesforce CEO Marc Benioff said that the two AI leaders, Sam Altman and Mustafa Suleyman do not care for each other.
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports
The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing OpenAI CEO Sam Altman speaking to colleagues. OpenAI and SoftBank did not immediately respond to Reuters' requests for comment.
Stargate: Softbank, OpenAI and Oracle’s ambitious $500 billion joint AI pact, explained
SoftBank, OpenAI, and Oracle are launching a $100 billion joint venture to enhance AI infrastructure, with plans to escalate investment to $500 billion. The initiative, supported by President Donald Trump,
SoftBank Shares Jump After Unveiling $500 Billion Venture With OpenAI
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.
Microsoft relaxes data center grip on OpenAI amid $500 bln joint venture
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
OpenAI, SoftBank each commit $19 billion to Stargate AI data center: Report
US President Donald Trump announced that OpenAI, SoftBank Group and Oracle will unveil Stargate and invest $500 billion over the next four years to help the United States stay ahead of China and other rivals in the global AI race.
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Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech billionair
From Musk to Nadella: Trump's $500 billion AI project stirs drama among the biggest names in tech
Some of the biggest names in technology have clashed after President Donald Trump unveiled his $500 billion private AI investment project.
Project Stargate Is Fueling a Record Stock Market
Putting aside his vexing meme-coin launch before his inauguration, the president’s new artificial intelligence initiative, Project Stargate, has made waves across financial markets. Announced Tuesday, the move captures a $500 billion investment from OpenAI, Oracle, SoftBank and MGX, a firm tied to the sovereign wealth fund of the UAE.