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.
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
Hours later, Elon Musk publicly raised questions about whether the joint venture would ever get off the ground.Late Tuesday ...
SoftBank, OpenAI, and Oracle are launching a $100 billion joint venture to enhance AI infrastructure, with plans to escalate ...
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 ...
8hon MSN
On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial ...
Elon Musk raises concerns about the Trump-backed $500 billion Stargate AI Project, questioning SoftBank's ability to fund the ...
Under the Trump administration, OpenAI and other members of the tech sector are making a push to establish AI dominance in ...
Shares in Japanese tech behemoth SoftBank Group soared more than eight percent on Wednesday after US President Donald Trump announced a major investment to build AI infrastructure.
Donald Trump has announced the "Stargate Project." Backed by major tech companies, the project aims to boost AI ...
SoftBank shares surged — on five times the previous day’s volume — on Wednesday after the Japanese investment group landed a ...
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