softbank group openai

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

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 · 18h

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 · 14h

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.

AI, Trump and Stargate Project

Mashable on MSN · 1d

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 the U.S.

U.S. News & World Report on … · 55m

What Is the Trump-Backed Stargate AI Project and Why Is It Controversial?

Trump this week announced a venture between OpenAI, the maker of ChatGPT, Oracle and SoftBank that will invest up to $500 billion aimed at ramping up artificial intelligence infrastructure like data centers and power generation to meet the vast demands of AI processing.

ZDNet · 3h

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.

1don MSN

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 ...

8hon 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.

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% ...

20h

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 ...

18h

US Government, Tech Giants Launch $500 Billion AI-Driven Infrastructure Initiative

The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.

23h

Elon Musk and Sam Altman cofounded OpenAI, but now they're locked in a legal battle. Here's the history of their working relationship and feud.

Elon Musk asked a judge to block OpenAI's attempt to transition from nonprofit to for-profit. It's not the first time he's ...

3hon MSN

Morgan Stanley maintains Softbank stock with JPY9,000 target

Morgan Stanley (NYSE:MS) reiterated its Equal-weight rating on Softbank (OTC:SFTBY) Group Corp. (9984:JP) (OTC: SFTBY) and maintained a price target of JPY9,000.00. The firm also highlighted Softbank ...

WABE56m

Trump’s inheriting a solid economy, making it harder to lower borrowing costs or inflation

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.

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