SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump
OpenAI teams up with SoftBank and Oracle on $500B data center project
OpenAI, Oracle and SoftBank to invest $500B in US AI infrastructure building project
SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports
SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.
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SoftBank and OpenAI Lead $19B Investments in Stargate AI Initiative
SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative focused on AI data centers, The Information reports. OpenAI and SoftBank will each hold a
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 OpenAI CEO Sam Altman speaking to colleagues. OpenAI and SoftBank did not immediately respond to Reuters' requests for comment.
Microsoft’s relationship with OpenAI cracked when it hired Mustafa Suleyman, rival Marc Benioff says
Salesforce CEO Marc Benioff said that the two AI leaders, Sam Altman and Mustafa Suleyman do not care for each other.
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.
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 the U.S.
OpenAI, SoftBank each commit $19 billion to Stargate AI data center: Report
US President Donald Trump announced that OpenAI, SoftBank Group and Oracle will unveil Stargate and invest $500 billion over the next four years to help the United States stay ahead of China and other rivals in the global AI race.
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Elon Musk and Sam Altman Battle on X over Trump’s Data Center Project Stargate
Musk has raised questions on project Stargate, the $500bn AI project. This lead to a verbal spat between him and Sam Altman.
Elon Musk’s business conflicts draw scrutiny amid White House role
Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the development of artificial intelligence infrastructure. “They don’t actually have the money,” Musk said of two of the participants in the $500 billion initiative, OpenAI and SoftBank, on his social media site X.
Trump AI project presents Musk with early test of loyalty
Elon Musk’s criticism of an artificial intelligence (AI) infrastructure project backed by President Trump is presenting an early test of how the SpaceX CEO will balance his personal conflicts in
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Trump has tossed a lot of Biden policies. But there's one AI measure he wants to keep
President Trump says he likes Biden's idea to open up federal lands for AI data centers. His White House is looking for ways to ensure U.S. dominance in the sector.