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OpenAI, Oracle and SoftBank
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 Shares Soar as Masayoshi Son’s AI Vision Coalesces
Shares of SoftBank Group Corp. jumped as much as 8.1% after US President Donald Trump announced a multi-billion dollar push by the Japanese company, OpenAI and Oracle Corp. to build AI infrastructure in the US.
OpenAI, Oracle and Softbank team up on multibillion-dollar AI project
President Trump unveiled the AI initiative on Tuesday alongside the executives of OpenAI, Oracle and Softbank.
OpenAI and SoftBank are reportedly putting $19B each
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.
OpenAI and SoftBank are reportedly putting $19B each into Stargate
We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, OpenAI's massive data center project.
Digi Times
15h
SoftBank founder shifts investment focus from China to US
SoftBank Group CEO Masayoshi Son is shifting his focus away from investments in China and toward the US, as seen with his ...
Nikkei Asia
3h
Japan's SoftBank to sound out Apollo, Brookfield on Stargate funding
TOKYO -- Japanese billionaire Masayoshi Son's SoftBank Group plans to contact big investment firms including Apollo Global ...
3d
SoftBank-Backed Fish Firm Allegedly Faked Most of Its Sales
EFishery Pte, one of Indonesia’s most prominent startups, may have inflated its revenue and profit over several years, ...
ジャパンタイムズ
2d
SoftBank to help fund and lead Trump-backed Stargate AI project, a $500 billion venture
The president said it will be the largest AI infrastructure ever built and that it will help counter technology threats from ...
2d
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% ...
9d
on MSN
SoftBank veteran hunts for profits in payments infrastructure plumbing
Former SoftBank exec Akshay Naheta's startup, Distributed Technologies Research, is trying to bridge the gap between banking ...
2d
Tokyo stocks surge on firm chip shares led by SoftBank Group
Tokyo stocks ended sharply higher Wednesday, driven by gains in semiconductor-related shares following news that SoftBank ...
20m
on MSN
Trump Will Take the Stock Market on a Bumpy, if Prosperous, Ride. What to Do Now.
Don’t be surprised if the wild mood swings continue. In this kind of environment, investors should continue to favor the ...
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