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OpenAI, SoftBank to each commit $19B to Stargate Project
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.
SoftBank, OpenAI plan US$19 billion each for Stargate: report
SOFTBANK Group and OpenAI each plan to commit US$19 billion of capital to Stargate, the US$100 billion US artificial intelligence (AI) endeavour President Donald Trump unveiled this week, the Information reported.
SoftBank, OpenAI commit $19 bn each to $100 bn US AI venture 'Stargate'
The two companies would then both own 40% of Stargate, the tech outlet said, citing comments by Chief Executive Officer Sam Altman to colleagues
17h
on MSN
Japan Inc will struggle to follow SoftBank's lead and go big with Trump
By Sam Nussey and Anton Bridge TOKYO (Reuters) -SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United ...
Kyodo News on MSN
1d
Tokyo stocks sharply higher in morning as SoftBank Group soars
Tokyo stocks were sharply higher Wednesday morning, led by rises in SoftBank Group following news it would be part of a ...
1d
Tokyo stocks surge on firm chip shares led by SoftBank Group
Tokyo stocks ended sharply higher Wednesday, driven by gains in semiconductor-related shares following news that SoftBank ...
1d
on MSN
SoftBank Shares Soar Over 9%: Investment Company Stock In Green After Trump's $500 Billion AI Investment Announcement
SoftBank in India, like in many other parts of the world, is known for its investment in budding startups in various ...
6h
on MSN
Stock market today: Asian shares are mixed after China rolls out market boosting measures
Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising ...
17h
SoftBank, Oracle Stocks Jump After Trump Announces Stargate AI Venture
SoftBank, Oracle and others have very big artificial-intelligence spending plans with very little detail. Investors are very pleased. On Tuesday, the new Trump administration said the companies wou ...
23h
SoftBank's Role in $500 Billion Stargate AI Venture Seen as Major Growth Driver, Analyst Says
Trump Administration announced Stargate AI infrastructure joint venture, investing $500 billion over 4 years. SoftBank, ...
Investing
58m
Trump plans to lower oil costs and bring manufacturing back to the US
Investing.com -- President Donald Trump recently addressed world leaders at Davos and outlined his plans to lower oil costs ...
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