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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,
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
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.
7h
on MSN
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 ...
5h
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.
23h
on 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 ...
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 ...
1d
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 ...
1d
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 ...
7h
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 ...
22h
on MSN
Oracle surges, chip stocks rise as Trump unveils $500 bln AI plan
Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a ...
1d
Trump, corporate heavyweights unveil AI project that'll get start in Texas
The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a ...
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