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 · 1d

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 · 1d

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

Bloomberg on MSN · 1d

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 · 2d

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 · 1d

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.

18hon 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.

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 ...

Hosted on MSN36m

Oracle’s Stock Soars Amid Major AI Infrastructure Initiative with Trump Announcement

Oracle Corporation witnessed a significant surge in its stock, jumping 7% on Tuesday, following reports of its involvement in ...

brandequity.economictimes.indiatimes1h

Behind $500 billion AI data center plan, US startups jockey with tech giants

On Tuesday, Trump said that ChatGPT creator OpenAI, SoftBank , Oracle and others will pour up to $500 billion in private ...

20h

Trump’s AI Push: Understanding The $500 Billion Stargate Initiative

The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.

InvestmentNews21h

Musk questions whether $100B AI venture backers have the money

Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White ...

19h

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.

Trump waves off criticism from Elon Musk on AI announcement

Mr Donald Trump dismissed criticism from close ally Elon Musk about a US$500 billion AI project. Read more at ...

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