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SoftBank Joins OpenAI, Oracle
SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump
SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.
OpenAI, Oracle and Softbank team up on multibillion-dollar AI project
President Trump unveiled the AI initiative on Tuesday alongside the executives of OpenAI, Oracle and Softbank.
Oracle surges, chip stocks rise as Trump unveils $500 billion AI plan
Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank.
11m
SoftBank, OpenAI commit $19 bn each to $100 bn US AI venture 'Stargate'
The two companies would then both own 40% of Stargate, the tech outlet said, citing comments by Chief Executive Officer Sam ...
2h
AI Joint Venture: US Announces Project Will Provide $500 Billion for Infrastructure
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
Business Recorder
15m
OpenAI, SoftBank each commit $19bn to Stargate AI data center, the Information reports
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data ...
Government Technology
4h
Trump Announces Billion-Dollar Strategic AI Investment
On his second day in office, President Donald Trump unveiled a joint, private-sector venture to fund billions of dollars in U ...
30m
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 ...
22h
on MSN
Trump highlights partnership investing $500 billion in AI
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new ...
4h
on MSN
Tech firms in Trump's AI Stargate venture have touted DEI programs, clashing with new executive order
President Trump has announced a major AI initiative called "Stargate" -- but the firms involved have DEI policies that go ...
13h
on MSN
Nvidia Stock Investors Just Got Fantastic Artificial Intelligence (AI) News From President Trump
On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial ...
10h
on MSN
The Stargate Project: Trump and OpenAI announce $500 billion AI venture
Under the Trump administration, OpenAI and other members of the tech sector are making a push to establish AI dominance in ...
ThePrint
1h
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data ...
5h
Tech Up as Softbank Surges on AI Infrastructure Plan -- Tech Roundup
Shares of technology companies rallied amid hopes for an acceleration of the artificial-intelligence boom.
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