softbank group openai

OpenAI, Oracle 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.

TechCrunch on MSN · 1d

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.

SiliconANGLE · 2d

OpenAI, Oracle and SoftBank to invest $500B in US AI infrastructure building project

Oracle is a natural partner as it is already one of the biggest data center operators in the U.S., while SoftBank has the money required to finance ambitious infrastructure projects. OpenAI, of course, is widely regarded as one of the leaders in terms of AI development.

OpenAI and SoftBank are reportedly putting $19B each

Hosted on MSN · 18h

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.

EconoTimes · 22h

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

AOL · 18h

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.

12hon 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.

25m

Trump says he will ‘demand’ that interest rates come down, but it won’t be that simple

President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.

India West27m

Elon Spats Publicly With Altman As Trump Backs AI Venture

Fortune reported that this announcement has put Sam Altman in the spotlight, much to the frustration of his former collaborator, Elon Musk. Musk, who has long been a major backer of Trump, was once ...

39mon MSN

Elon Musk 'clarifies' no money comment to Satya Nadella, Microsoft CEO responds

Microsoft CEO Satya Nadella confidently addresses Elon Musk's doubts about the $500 billion Stargate AI project, asserting his $80 billion commitment. The project, announced by President Donald Trump, ...

39mon MSN

CrowdStrike Holdings, Inc. (CRWD): Citigroup Raises Price Target to $420 as Demand for AI-Powered Cybersecurity Surges

We recently compiled a list of the Top 12 Trending AI Stocks on Latest News and Ratings. In this article, we are going to ...

Trump waves off criticism from Elon Musk on AI announcement

U.S. President Donald Trump on Thursday dismissed criticism from close ally Elon Musk about a $500 billion artificial intelligence project that Trump announced with great fanfare at the White House ...

Oracle Corporation (ORCL): Cantor Fitzgerald Initiates Coverage with $214 Target Amid AI-Driven Data Center Expansion

We recently compiled a list of the Top 12 Trending AI Stocks on Latest News and Ratings. In this article, we are going to ...

13h

What is Project Stargate? Why this $500-billion AI initiative could herald a 'platform shift'

OpenAI, SoftBank Group, Abu Dhabi, and Oracle are among the players in a joint venture meant to pour hundreds of billions more into AI data center funding.

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