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OpenAI, SoftBank and Stargate
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.
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
1d
SoftBank-Backed Fish Startup 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, ...
日本テレビ
4h
SoftBank and others to invest $500 billion in AI
U.S. President Donald Trump announced on January 21 that Japan's SoftBank Group, Open AI and Oracle will together ...
7d
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 ...
14h
Tech Up as Softbank Surges on AI Infrastructure Plan -- Tech Roundup
Shares of technology companies rallied amid hopes for an acceleration of the artificial-intelligence boom.
7m
on MSN
The Abu Dhabi Fund Helping Bankroll Trump’s $100 Billion AI Plan
A day after his inauguration as US President, Donald Trump unveiled a $100 billion venture to fund artificial intelligence ...
InvestmentNews
1h
Musk questions whether $100B AI venture backers have the money
Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White ...
2h
Japanese Stocks close Higher Amid U.S. AI Hope, Netflix Earnings
Japan's Nikkei Stock Average rose 0.8% to close at 39958.87 amid risk-on sentiment. "Equities worldwide continued to ride on ...
26m
on MSN
Sam Altman says he’s changed his perspective on Trump as ‘first buddy’ Elon Musk slams him online over the $500 billion Stargate Project
Sam Altman's comments came amid a flurry of online exchanges between himself, Musk, and Microsoft over the $500 billion ...
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