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OpenAI, Stargate Project
OpenAI wants to blow through $500B on AI infrastructure for itself, with help from pals
SoftBank, Oracle, MGX form Stargate Project with ChatGPT maker, intend to outspend Microsoft this year Updated OpenAI, Oracle, SoftBank, and investment firm MGX on Tuesday announced plans to spend as much as $500 billion on AI infrastructure in America over the next four years,
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.
OpenAI Announces Stargate Project With $500 Billion Investment in AI Infrastructure
OpenAI has introduced the Stargate Project, a bold initiative to invest $500 billion over the next four years to develop advanced AI infrastructure in the
Oracle, NVIDIA and Stargate
Why Nvidia, Microsoft, Oracle, Arm, and Other AI Stocks Are Surging Wednesday
Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s announcement of a $500 billion joint venture spurred optimism about a rising tide of AI investments.
Oracle Stock Surges Ahead Of $500 Billion ‘Stargate’ OpenAI-Trump Deal
The biggest billionaire winner of the first day of trading in Trump’s second term was Larry Ellison, whose net worth jumped over $10 billion as his company’s stock surged.
Beyond Oracle and Nvidia, these stocks and sectors can benefit from the Stargate AI venture
As news trickled out about President Trump’s announcement of a new $500 billion Stargate joint venture focused on artificial-intelligence infrastructure, some potential beneficiaries emerged. Companies such as Oracle Corp.
1d
on MSN
Nvidia Stock Investors Just Got Fantastic Artificial Intelligence (AI) News From President Trump
On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial ...
1d
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, ...
2h
on MSN
OpenAI exec responds to Musk, Altman trading barbs over Stargate: We're at 'the tip of the iceberg'
OpenAI CFO Sarah Friar, who's very "close" to the Stargate deal, confirms the company's ability to financially back the AI project and urges Elon Musk to compete for "the right things." ...
The Next Platform
21h
OpenAI Declares Its Hardware Independence (Sort Of) With Stargate Project
The dependency dance between AI pioneer OpenAI and the Microsoft Azure cloud and the application software divisions of its ...
ReadWrite
7h
What is The Stargate Project? OpenAI’s new company explained
OpenAI announced a new joint venture named The Stargate Project which aims to build a number of data centers for AI in the ...
6h
Nvidia’s boss dismisses fears that AI has hit a wall
WHEN SAM ALTMAN, boss of OpenAI, posted a gnomic tweet this month saying “There is no wall,” his followers on X, a ...
1d
on 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 ...
1d
on MSN
Microsoft is letting OpenAI get its own AI compute now
The new agreement “includes changes to the exclusivity on new capacity, moving to a model where Microsoft has a right of ...
1d
Nvidia Just Became the World's Most Valuable Company. Is It Too Late to Buy the Stock?
The past few years have been undeniably profitable for Nvidia ( NVDA 4.43%) investors. The stock price has surged more than ...
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