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 · 15h

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 · 11h

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

Hosted on MSN · 23h

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.

Reuters on MSN · 20h

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.

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.

1don MSN

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 ...

16h

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 ...

48mon 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 ...

Datacenter Dynamics1h

Stargate and other things you could do with $500bn

With this week’s announcement that OpenAI plans to launch a $500 billion data center company, we wanted to put that number into perspective. Instead of a new AI infrastructure business called Stargate ...

India West36m

Elon Spats Publicly With Altman As Trump Backs AI Venture

Fortune reported that this announcement has put Sam Altman in the spotlight, much to the frustration of his former collaborator, Elon Musk. Musk, who has long been a major backer of Trump, was once ...

33mon MSN

CyberArk Software Ltd. (CYBR) Price Target Raised to $400 as Identity Security Leader Expands AI-Driven Threat Response

We recently compiled a list of the Top 12 Trending AI Stocks on Latest News and Ratings. In this article, we are going to ...

Techopedia1h

Trump 2.0 First Tech Moves: Innovation or Big Tech Oligarchy?

Explore the pros and cons of the first round of technology developments from President Trump's first week in office. What impact will his bold tech moves have?

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