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SoftBank Joins OpenAI, Oracle
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.
Oracle surges, chip stocks rise as Trump unveils $500 billion AI plan
Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank.
Trump announces an up to $500 billion AI infrastructure investment involving OpenAI, Oracle, and SoftBank
OpenAI, Oracle, and SoftBank will create a venture named Stargate, with President Trump calling it "the largest AI infrastructure project in history."
Trump rescinds Biden’s executive order on AI safety
Trump rescinds Biden’s executive order on AI safety, as promised
Much of Biden's order set in motion a sprint across government agencies to study AI's impact on everything from cybersecurity risks to its effects on education, workplaces, and public benefits.
Trump ditched Biden's executive order on AI. What changes?
On Monday, when President Donald Trump revoked the Executive Order on Artificial Intelligence former President Joe Biden established in October 2023, it was truly gone. Any attempt to click on a link to the order received a huge "404 – PAGE NOT FOUND" error message that took up the entire page.
AI companies silent on Trump’s move to cancel Biden safety order
In one of his first actions after taking office this week, Trump issued an executive order Monday cancelling a slew of directives from former President Joe Biden. Among those rescinded orders was the one Biden issued in October 2023 to guide and promote the safe development of AI.
8h
Trump’s AI Push: Understanding The $500 Billion Stargate Initiative
The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.
21h
on MSN
Trump highlights partnership investing $500 billion in AI
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new ...
InvestmentNews
9h
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 ...
EconoTimes
16h
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 ...
12h
on MSN
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 ...
16h
US Government, Tech Giants Launch $500 Billion AI-Driven Infrastructure Initiative
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
12h
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 ...
日本テレビ
13h
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 ...
18h
on MSN
Tech firms in Trump's AI Stargate venture have touted DEI programs, clashing with new executive order
President Trump has announced a major AI initiative called "Stargate" -- but the firms involved have DEI policies that go ...
11h
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 ...
17h
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 ...
1d
on MSN
Trump Announces Stargate: Texas-Based Investment Combines AI Heavyweights
Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.
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