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SoftBank Joins OpenAI, Oracle
OpenAI, SoftBank to commit $25.7 billion each to Trump’s Stargate AI project, says report
Bengaluru – SoftBank Group and OpenAI each plan to commit US$19 billion (S$25.7 billion) of capital to Stargate, the mega US AI endeavor President Donald Trump unveiled this week, the Information reported.
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.
SoftBank, OpenAI commit $19 bn each to $100 bn US AI venture 'Stargate'
The two companies would then both own 40% of Stargate, the tech outlet said, citing comments by Chief Executive Officer Sam Altman to colleagues
3h
AI Joint Venture: US Announces Project Will Provide $500 Billion for Infrastructure
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
Government Technology
5h
Trump Announces Billion-Dollar Strategic AI Investment
On his second day in office, President Donald Trump unveiled a joint, private-sector venture to fund billions of dollars in U ...
23h
on MSN
Trump highlights partnership investing $500 billion in AI
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new ...
5h
on MSN
Tech firms in Trump's AI Stargate venture have touted DEI programs, clashing with new executive order
President Trump has announced a major AI initiative called "Stargate" -- but the firms involved have DEI policies that go ...
14h
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 ...
2h
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 ...
9m
Musk Casts Doubt on Trump’s $100 Billion AI Announcement
The dismissal by Musk, who is one of Trump’s closest advisers and will head up an agency created to slash the nation’s budget, is one of his first public breaks with the administration. It’s also an ...
23m
Microsoft set to benefit from Stargate joint venture with zero investment
Despite investing almost $14 billion in OpenAI and using the startup's AI models for its next-generation cloud services, ...
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