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Stargate, OpenAI and SoftBank
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.
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.
Stargate AI infrastructure project taps Texas for data centers
Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data centers in Texas.
4d
on MSN
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 ...
5d
on MSN
OpenAI teams up with SoftBank and Oracle on $500B data center project
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
3h
What is DeepSeek? The Chinese OpenAI rival sparking chaos in tech markets
DeepSeek, a Chinese startup, has released a free AI assistant that rivals OpenAI's ChatGPT in quality and was reportedly ...
5d
OpenAI, Oracle and SoftBank to invest $500B in US AI infrastructure building project
Oracle is a natural partner as it is already one of the biggest data center operators in the U.S., while SoftBank has the ...
3d
on MSN
Trump's Stargate AI project backed by OpenAI, Oracle, and SoftBank is taking shape: Here's what we know
Trump announced a $500 billion project called Stargate backed by SoftBank, Oracle, and OpenAI. The details of this project ...
EconoTimes
4d
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 ...
3d
on MSN
What does OpenAI get from Stargate? A $500 billion chance to build a whole new moat
OpenAI is focusing on AI infrastructure with Stargate as rivals like China's DeepSeek close the gap on its AI models.
4d
on MSN
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.
Cyprus Mail
15h
Microsoft relaxes data center grip on OpenAI amid $500 bln joint venture
Microsoft (MSFT.O) has announced that it changed some key terms of a deal with OpenAI after the ChatGPT creator announced a ...
2d
AI Daily: OpenAI, SoftBank said to commit $19B each to Stargate JV
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this ...
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