What to Know About ‘Stargate,’ OpenAI’s New Venture Announced by President Trump
Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of AI.
Trump touts new AI project by Softbank, Oracle and OpenAI
US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.
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.
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.
OpenAI and Softbank team up for a $500 billion AI data center venture
OpenAI will build and open AI infrastructure worth $500 billion in the United States over the next four years in partnership with SoftBank. The two entities have teamed up to establish a new company called the Stargate Project to build AI data centers for the ChatGPT maker,
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.
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 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.
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,
OpenAI, SoftBank, Oracle to invest $500 billion in AI, Trump says
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure. OpenAI, SoftBank (9984.T), and Oracle (ORCL.N) will form a joint venture called Stargate,
Mint Explainer: Will the $500 billion Stargate plan help the US trump China?
On the second day of his presidency on Tuesday, Donald Trump announced the Stargate Project, a $500 billion joint venture ...
What is Stargate? The $500 billion AI project approved by Trump 2.0 to beat competitor China
President Donald Trump has announced the Stargate initiative, a significant collaboration involving OpenAI, SoftBank, and ...
SoftBank's Role in $500 Billion Stargate AI Venture Seen as Major Growth Driver, Analyst Says
Trump Administration announced Stargate AI infrastructure joint venture, investing $500 billion over 4 years. SoftBank, ...
Analysis-Japan Inc will struggle to follow SoftBank's lead and go big with Trump
SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump ...
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Tokyo stocks surge on firm chip shares led by SoftBank Group
Tokyo stocks ended sharply higher Wednesday, driven by gains in semiconductor-related shares following news that SoftBank Group will join a major artificial intelligence investment project in the ...
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Tech Titans Unite: Microsoft, OpenAI, and Oracle's Groundbreaking AI Collaboration
Microsoft has revised key terms in its deal with OpenAI following the latter's joint venture with Oracle and SoftBank to ...
Morning Bid: They Do Know Stargate Is Sci-Fi, Right?
OpenAI CEO Sam Altman speaks next to Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son after U.S. President ...