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
US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.
OpenAI CEO Sam Altman speaks next to Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. REUTERS/Carlos Barria A look at the day ahead in European and global markets from Stella Qiu
Tech giants OpenAI, SoftBank and Oracle are forming a new entity in a bid to advance artificial intelligence infrastructure in the United States. Stargate aims to
The author and editors take ultimate responsibility for the content. SoftBank Group (SFTBF 8.38%) is a Japanese holding company that focuses on investment management. The company was formerly a ...
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure.
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On his first full day in office Tuesday President Donald Trump continued sweeping actions, including ordering the shuttering of all executive branch diversity, equity, and inclusion offices and ordered all employees working in such offices to be placed on leave.
Good for OpenAI, bad for Musk—just one piece in the race for data, AI, and global power. A glimpse into the future of U.S. regulation.
Stocks in Asia moved higher after a morning briefing by Chinese officials showed the government remains determined to boost share prices.
SoftBank ( SFTBY) first made the $100 billion commitment in early December during a visit by founder and CEO Masayoshi Son to Trump's home in Mar-a-Lago.
The partnership that launched the AI boom has been strained by disagreements over computing resources.