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OpenAI, SoftBank to each commit $19B to Stargate Project

Bloomberg on MSN · 14h

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.

EconoTimes · 12h

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

SoftBank Joins OpenAI, Oracle

Bloomberg on MSN · 21h

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.

MarketWatch · 1d

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% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.

LA Times on MSN · 21h

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.

2d

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, ...

日本テレビ9h

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 ...

ジャパンタイムズ1d

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 ...

19h

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.

14h

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

British pub group J D Wetherspoon reports higher sales but cost challenges loom

British pub group J D Wetherspoon said on Wednesday its like-for-like sales rose 5% in the 25 weeks to Jan. 19, helped by ...

Harvard Business Review3h

8 Lessons from the Career of Softbank’s Masayoshi Son

Masayoshi Son, the billionaire founder and CEO of SoftBank, the Japanese media technology conglomerate, is often cast as a ...

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