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OpenAI and Softbank are starting a $500 billion AI data center company

A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project.

TechCrunch on MSN · 5h

OpenAI teams up with SoftBank and Oracle on $500B data center project

OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.

Fox Business on MSN · 6h

Trump announces largest AI infrastructure project 'in history' involving Softbank, OpenAI and Oracle

President Donald Trump was joined by the CEOs of Softbank, OpenAI and Oracle to announce a major private artificial intelligence infrastructure investment.

Reuters · 4h

Microsoft relaxes data center grip on OpenAI amid $500 bln joint venture

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.

Business Insider · 3h

SoftBank, OpenAI, And Others To Launch $500 Bln AI Data Center Company 'Stargate'

Leading technology companies have revealed plans to form a new company, named Stargate, with the goal of enhancing the AI

MarketWatch · 3h

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,

The Boston Globe · 5h

Trump unveils AI investment plan with OpenAI, Softbank, Oracle

President Trump on Tuesday announced a joint venture to fund artificial intelligence infrastructure worth billions of dollars with the leaders of Softbank Group Corp., OpenAI LLC, and Oracle Corp., an effort aimed at speeding development of the emerging technology.

Reuters on MSN · 6h

OpenAI, SoftBank, Oracle to invest $500 billion in AI, Trump says

President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure. OpenAI, SoftBank (9984.T), and Oracle (ORCL.N) will form a joint venture called Stargate,

3hon MSN

Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint ...

3hon MSN

Trump announces $500B Stargate AI project: 'Country will be prospering like never before'

Trump said the private sector joint venture will build data centers and create more than 100,000 jobs in the United States.

1hon MSN

Trump will announce a $500 billion AI infrastructure investment in the US

OpenAI CEO Sam Altman is set to appear at the White House Tuesday afternoon alongside President Donald Trump and other tech CEOs to announce a massive private sector investment in artificial ...

Network World9h

Sustainability, grid demands, AI workloads will challenge data center growth in 2025

Uptime Institute predicts the data center industry in 2025 will face pressure over resource consumption, grid integration ...

Trump, Larry Ellison unveil AI project that'll get start in Texas

President Donald Trump announced the $500 billion Stargate Project in Texas to advance AI research, starting with a data ...

AI Stocks Rise on Reported $100 Billion Data Center Deal

OpenAI, SoftBank and Oracle are reportedly planning a joint venture called Stargate focused on building data centers and other infrastructure to support AI development, according to CBS News. The ...