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OpenAI, SoftBank and 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.
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
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.
Trump, Oracle and AI
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.
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.
Trump to announce AI infrastructure investment backed by Oracle, OpenAI and Softbank
President Donald Trump will announce a joint venture Tuesday with OpenAI, Oracle and Softbank to invest billions of dollars in AI infrastructure in the United States, CNBC’s Eamon Javers and NBC News’ Peter Alexander report.
19h
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 ...
12h
on MSN
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.
1d
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% ...
9h
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 ...
47m
The Abu Dhabi Fund Helping Bankroll Trump’s $100 Billion AI Plan
A day after his inauguration as US President, Donald Trump unveiled a $100 billion venture to fund artificial intelligence ...
26m
on MSN
Sam Altman says he’s changed his perspective on Trump as ‘first buddy’ Elon Musk slams him online over the $500 billion Stargate Project
Sam Altman's comments came amid a flurry of online exchanges between himself, Musk, and Microsoft over the $500 billion ...
1h
on MSN
Trump's AI deal fueling early cancer detection: Oracle's Larry Ellison
Oracle founder Larry Ellison said the Stargate project, a joint venture with OpenAI and Softbank, will help to fuel the ...
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