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.
Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.
President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to ...
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Joint venture Stargate will be building out data centers and beefing up electricity generation to support the fast-evolving ...
The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a ...
Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray ...
The president announced a major AI investment project, which Oracle Chairman Larry Ellison said could be used to cure cancer.
Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead ...
Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in ...
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