OpenAI and Softbank are starting a $500 billion AI data center company
A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project.
On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion ...
Tesla (TSLA) and SpaceX CEO Elon Musk said OpenAI, Oracle (ORCL) and Softbank (SFTBY) “don’t actually have the money” to back up their pledge ...
Investor's Business Daily on MSN1d
Oracle Stock Surges As Trump Unveils Stargate AI Plan With OpenAI, SoftBankOracle stock surged Wednesday, as other AI stocks rallied, after President Donald Trump unveiled the Stargate AI infrastructure project with OpenAI and SoftBank. President Trump led a press conference ...
Benzinga on MSN6h
OpenAI's Stargates Initiative Aims to Ease Tensions with Microsoft Over Computing CapacityOpenAI's $500 billion "Stargate" venture with Oracle and SoftBank reflects its push to reduce reliance on Microsoft amid disputes over computing capacity and exclusivity agreements. Microsoft's $14 ...
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