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

Bloomberg on MSN · 15h

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.

OpenAI, SoftBank each commit $19 bln to Stargate AI data center, the Information reports

OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday, citing OpenAI CEO Sam Altman speaking to colleagues.

Seeking Alpha on MSN · 5h

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

OpenAI and SoftBank (SFTBY) will commit $19B each to the artificial intelligence-focused Stargate Project, The Information reported. Read for more.

SoftBank Joins OpenAI, Oracle

Bloomberg on MSN · 22h

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.

LA Times on MSN · 21h

OpenAI, Oracle and Softbank team up on multibillion-dollar AI project

President Trump unveiled the AI initiative on Tuesday alongside the executives of OpenAI, Oracle and Softbank.

2d

SoftBank-Backed Fish Firm Allegedly Faked Most of Its Sales

EFishery Pte, one of Indonesia’s most prominent startups, may have inflated its revenue and profit over several years, ...

日本テレビ10h

SoftBank and others to invest $500 billion in AI

U.S. President Donald Trump announced on January 21 that Japan's SoftBank Group, Open AI and Oracle will together ...

1d

Elon Musk bashes the $500 billion 'Stargate' deal between OpenAI and SoftBank — and backed by Trump

Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL ...

15h

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 ...

1d

British pub group J D Wetherspoon reports higher sales but cost challenges loom

British pub group J D Wetherspoon said on Wednesday its like-for-like sales rose 5% in the 25 weeks to Jan. 19, helped by ...

Harvard Business Review4h

8 Lessons from the Career of Softbank’s Masayoshi Son

Masayoshi Son, the billionaire founder and CEO of SoftBank, the Japanese media technology conglomerate, is often cast as a ...

Trump, Tech Leaders Announce AI Infrastructure Investment Plan, Boon to Data Center Industry

President Donald Trump, alongside OpenAI CEO Sam Altman, Oracle Chairman Larry Ellison and Softbank CEO Masayoshi Son, announced ...

Stocks steady, Treasury yields up as investors eye Trump’s next move

Global stocks steadied on Thursday, as a rally fuelled by Donald Trump's spending plans for artificial intelligence infrastructure fizzled ...

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