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SoftBank Joins OpenAI, Oracle
Oracle shares surge after Trump unveils $500 billion AI plan
Oracle shares jumped nearly 9% in premarket trading on Wednesday, after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank.
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, SoftBank, Oracle lead $500B Project Stargate to ramp up AI infra in the US
The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 billion. Masayoshi Son will be the chairman of the company.
Trump announces $500B Stargate AI project
Trump announces $500B Stargate AI project: 'Country will be prospering like never before'
Trump said the private sector joint venture will build data centers and create more than 100,000 jobs in the United States.
Project Stargate: Trump Plots With Larry Ellison, Sam Altman On $500B AI Initiative
Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.
The facts about Trump’s Stargate AI announcement
Three top tech firms announced that they will create a new company, called Stargate, to grow artificial intelligence infrastructure in the United States. CNN’s Clare Duffy reports.
8h
OpenAI and Softbank are starting a $500 billion AI data center company
A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, ...
11h
on MSN
OpenAI teams up with SoftBank and Oracle on $500B data center project
OpenAI says that it will team up with Japanese conglomerate SoftBank and with Oracle, along with others, to build multiple ...
7h
on MSN
‘Big Money and High Quality People’: Stargate Joint-Venture to Invest in U.S. AI Infrastructure
Trump lauded the up to $500 billion partnership with OpenAI, Oracle, and SoftBank to build out data centers and electricity ...
8h
Trump, Larry Ellison unveil AI project that'll get start in Texas
President Donald Trump announced the $500 billion Stargate Project in Texas to advance AI research, starting with a data ...
14h
AI Stocks Rise on Reported $100 Billion Data Center Deal
OpenAI, SoftBank and Oracle are reportedly planning a joint venture called Stargate focused on building data centers and other infrastructure to support AI development, according to CBS News. The ...
10h
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 ...
The Register on MSN
8h
OpenAI to blow through $500B on AI infrastructure for itself with help from pals
SoftBank, Oracle, MGX form Stargate Project with ChatGPT maker, intend to outspend Microsoft this year OpenAI, Oracle, ...
11h
on MSN
Oracle, Nvidia and other Big Tech stocks jump on Trump’s Stargate AI initiative
President Trump is reportedly planning to announce major AI infrastructure investments, signaling a willingness to work ...
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