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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,

Hosted on MSN · 3h

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.

Bloomberg on MSN · 12h

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, Oracle and SoftBank

Reuters · 1d

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.

Investopedia on MSN · 1d

Trump Announces $500B AI Joint Venture With Oracle, OpenAI, and SoftBank

President Trump on Tuesday announced a $500 joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.

U.S. News & World Report · 1d

Trump Highlights Partnership Investing $500 Billion in AI

President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle 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 ...

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.

19hon 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 ...

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 ...

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 ...

21h

People are buying the wrong stock thinking it's part of OpenAI's Stargate Project

MGX stock is soaring Wednesday on the heels of the company’s involvement with OpenAI and SoftBank’s (SFTBY) new Stargate project. There’s just one minor problem — it’s the stock ticker for the wrong ...

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 ...

Hang Seng Index and Nikkei Climb While ASX 200 Slumps on Tariff Woes

PBoC’s policy easing spurs Chinese equity gains, lifting the Shanghai Composite and CSI 300. Buyback loans aim to counter US ...

21hon MSN

Moderna spikes as Oracle’s Larry Ellison touts AI-driven mRNA vaccines

Chairman Larry Ellison highlighted the AI's potential in the development of mRNA-based cancer vaccines. Read more here.

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