OpenAI, SoftBank to each commit $19B to Stargate Project: report
OpenAI, SoftBank Bet Big on AI With $100B Stargate Project Stargate Project
OpenAI and SoftBank ( SFTBY) will each contribute $19 billion to the newly announced Stargate Project, a massive artificial intelligence venture, according to The Information. The project, which also includes Oracle ( NYSE:ORCL) and MGX, will initially raise $100 billion to develop AI-powered data centers in the U.S., starting in Texas.
Trump Announces $500B AI Joint Venture With Oracle, OpenAI, and SoftBank
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.
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.
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 announcement of a $500 billion joint venture spurred optimism about a rising tide of AI investments.
Musk undermines Trump’s Stargate AI investment announcement, CNBC reports
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
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 venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
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.
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OpenAI/ Oracle/ SoftBank Lack Funds to Fulfill US AI Infrastructure Investment Pledge, Says Musk
Elon Musk posted on Wednesday saying that OpenAI, Oracle (ORCL.US), and SoftBank do not have sufficient funds to back up their pledge to invest US$500 billion in US AI infrastructu... When replying to an OpenAI post about a new project called Stargate on the social platform X,
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OpenAI, SoftBank each commit 19bn dollars to Stargate AI data center
On Tuesday, U.S. President Donald Trump announced that OpenAI, SoftBank Group and Oracle (ORCL.N) will unveil Stargate and invest $500 billion over the next four years to help the United States stay ahead of China and other rivals in the global AI race.
OpenAI, SoftBank, Oracle to invest $500 billion in AI, Trump says
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure. OpenAI, SoftBank (9984. T), and Oracle (ORCL.N) will form a joint venture called Stargate,
Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
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Trump Unveils Stargate AI Infrastructure Project: ETFs in Focus
On Tuesday, former President Donald Trump announced a $500 billion artificial infrastructure (AI) infrastructure initiative, spearheading a new company called Stargate. Initial funding for the project will come from SoftBank (SFTBY),