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

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

OpenAI and SoftBank (OTCPK:SFTBY) will commit $19B each to the artificial intelligence-focused Stargate Project, The Information reported. The four initial partners — OpenAI, SoftBank, Oracle (NYSE:ORCL) and MGX — will commit roughly $45B in total,

Business Insider · 14h

OpenAI’s Stargate represents shift away from Microsoft, WSJ reports

Microsoft’s (MSFT) absence from OpenAI’s Stargate announcement follows months of tension between the two companies and signals an era where the

Bloomberg on MSN · 23h

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.

Trump, OpenAI

Hosted on MSN · 14h

OpenAI's Sam Altman Flip Flops On Trump After $500 Billion Stargate AI Project, Says 'I Wish I Had Done More Of My Own Thinking'

Sam Altman, CEO of OpenAI, has publicly expressed his support for President Donald Trump. This revelation comes years after he praised LinkedIn co-founder Reid Hoffman for stopping his re-election. What Happened: Altman disclosed that his perspective on President Trump has evolved.

U.S. News & World Report on MSN · 3h

What Is the Trump-Backed Stargate AI Project and Why Is It Controversial?

Trump this week announced a venture between OpenAI, the maker of ChatGPT, Oracle and SoftBank that will invest up to $500 billion aimed at ramping up artificial intelligence infrastructure like data centers and power generation to meet the vast demands of AI processing.

Time on MSN · 1d

What to Know About 'Stargate,' OpenAI's New Venture Announced by Trump

Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of AI.

Donald Trump, AI and Oracle

Reuters · 2d

OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says

President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure.

U.S. News & World Report · 2d

OpenAI, SoftBank, Oracle to Invest $500 Billion in AI, Trump Says

OpenAI, SoftBank (9984.T), and Oracle (ORCL.N) will form a joint venture called Stargate, with a plan to invest $500 billion, Trump said at the White House. Trump said he will help facilitate the project with emergency orders.

HuffPost · 1d

Trump Highlights Partnership Investing $500 Billion In AI: 'It's Big Money'

President Donald Trump announced a joint venture Tuesday with OpenAI, Oracle and SoftBank of up to $500 billion for infrastructure tied to artificial intelligence.

Oracle, AI and Stargate

Benzinga.com · 1d

Oracle's AI Moonshot: Why Project Stargate Could Propel ORCL Stock Higher

Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.

Barron's on MSN · 1d

Oracle Stock and Other AI Datacenter Plays Are Taking Off on Stargate

Oracle stock is poised to reap the benefits of President Donald Trump’s enthusiasm for artificial intelligence, analysts said after Trump announced a $500 billion investment in AI infrastructure on Tuesday.

Seeking Alpha · 12h

Oracle: Time To Bet Big On $500 Billion Stargate Stardom

Oracle stock took off as President Trump announced the Stargate AI infrastructure project. Read why I maintain my buy rating for ORCL stock.

Money Morning4h

3 Stocks to Buy After Trump’s Stargate Announcement

The impact of this deal on the stock market has been quite bullish, especially for AI-related companies and those involved in the deal. Arm Holdings ( NASDAQ:ARM) is up over 12% since the deal and ...

Microsoft relaxes data center grip on OpenAI amid $500 bln joint venture

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint ...

1don MSN

Why Nvidia, Microsoft, Oracle, Arm, and Other AI Stocks Are Surging Wednesday

Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s ...

Zacks.com on MSN1d

Oracle (ORCL) Moves 7.2% Higher: Will This Strength Last?

Oracle (ORCL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings ...

1don MSN

OpenAI wants to develop agent with skills of engineer: report

OpenAI wants to evolve its current artificial intelligence-powered chatbots that help developers write and debug code into full-fledged software engineers, according to a report by The Information.

1don MSN

Watch These Oracle Price Levels as Stock Surges on Optimism About AI Joint Venture

Oracle shares soared following news the enterprise software company will team up with OpenAI and SoftBank to build AI ...

Microsoft No Longer OpenAI’s Exclusive Cloud Computing Provider

Microsoft has lost its role as the only provider of cloud computing capacity even though it is the largest investor in OpenAI, having allocated $13 billion U.S. to the privately held start-up.

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