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OpenAI, SoftBank to each commit $19B to Stargate Project

Bloomberg on MSN · 17h

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 · 15h

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.

SoftBank Joins OpenAI, Oracle

Hosted on MSN · 23h

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.

MarketWatch · 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% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.

Reuters on MSN · 20h

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.

OpenAI, Microsoft and Marc Benioff

TechCrunch · 5h

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.

CNBC on MSN · 1d

Salesforce CEO Marc Benioff: Don't think Microsoft will use OpenAI in the future

Salesforce co-founder, chairman and CEO Marc Benioff joins 'Squawk Box' to discuss the $500 billion Stargate AI project, state of the AI technology race, Microsoft-OpenAI partnership, what to expect in the new Trump administration,

Windows Central on MSN · 4h

Salesforce CEO Marc Benioff claims Microsoft won't use OpenAI in the future — Microsoft already admitted GPT-4 is too expensive and isn't fast enough to meet consumer needs

Salesforce CEO Marc Benioff claims Microsoft won't use OpenAI in the future, following the announcement of the $500 billion Stargate project to build AI infrastructure for the ChatGPT maker's cloud computing needs.

1don 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 ...

16h

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 ...

18hon MSN

OpenAI’s Stargate may be tech’s biggest gamble ever, but here’s what’s really at stake

Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.

1don MSN

People are buying the wrong stock thinking it's part of OpenAI's Stargate Project

MGX stock is soaring Wednesday on the heels of the company’s involvement with OpenAI and SoftBank’s (SFTBY) new Stargate ...

OpenAI Partners with Tech Giants on $500 Billion AI Infrastructure Initiative

OpenAI announced a partnership with Nvidia, Microsoft, Oracle, and Arm to develop advanced AI infrastructure in the U.S.

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