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SoftBank Joins OpenAI, Oracle

Hosted on MSN · 52m

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.

Reuters on MSN · 34m

Oracle shares surge after Trump unveils $500 billion AI plan

Oracle shares jumped nearly 9% in premarket trading on Wednesday, after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank.

Network World · 3h

OpenAI, SoftBank, Oracle lead $500B Project Stargate to ramp up AI infra in the US

The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 billion. Masayoshi Son will be the chairman of the company.

Trump announces $500B Stargate AI project

USA TODAY on MSN · 10h

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.

Hollywood Reporter on MSN · 36m

Project Stargate: Trump Plots With Larry Ellison, Sam Altman On $500B AI Initiative

Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.

CNN on MSN · 10h

The facts about Trump’s Stargate AI announcement

Three top tech firms announced that they will create a new company, called Stargate, to grow artificial intelligence infrastructure in the United States. CNN’s Clare Duffy reports.

8h

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, ...

12hon MSN

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

OpenAI says that it will team up with Japanese conglomerate SoftBank and with Oracle, along with others, to build multiple ...

7hon MSN

‘Big Money and High Quality People’: Stargate Joint-Venture to Invest in U.S. AI Infrastructure

Trump lauded the up to $500 billion partnership with OpenAI, Oracle, and SoftBank to build out data centers and electricity ...

Microsoft Loosens Its Hold On OpenAI’s Data Center

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

13h

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

President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial ...

8h

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 ...

12hon MSN

Oracle, Nvidia and other Big Tech stocks jump on Trump’s Stargate AI initiative

President Trump is reportedly planning to announce major AI infrastructure investments, signaling a willingness to work ...

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