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SoftBank Joins OpenAI, Oracle
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.
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.
Oracle surges, chip stocks rise as Trump unveils $500 billion 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 large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank.
Meta to spend up to $65B on massive AI data center
Meta to spend up to $65B on massive AI data center: ‘Defining year for artificial intelligence’
Zuckerberg expects Meta’s AI assistant — available across its services, including Facebook and Instagram — to serve more than 1 billion people in 2025.
Meta Plans to Spend as Much as $65B in 'Defining Year for AI' Says Zuckerberg
Key Takeaways Meta Platforms plans to invest $60 billion to $65 billion in capital expenditures this year as the tech giant expands its artificial intelligence efforts, CEO Mark Zuckerberg posted on Facebook Friday.
Meta to spend as much as $65 billion on AI efforts in 2025
The company intends to use the funds to build a data center “so large that it would cover a significant part of Manhattan,” Zuckerberg said in a Facebook post.
AI, Stargate Project
What is Project Stargate? Why this $500-billion AI initiative could herald a 'platform shift'
OpenAI, SoftBank Group, Abu Dhabi, and Oracle are among the players in a joint venture meant to pour hundreds of billions more into AI data center funding.
Trump’s AI Push: Understanding The $500 Billion Stargate Initiative
The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.
OpenAI’s Stargate project reportedly doesn’t have the money it needs
Stargate — the massive infrastructure project to build data centers for OpenAI in the U.S. — lacks a fully developed plan and hasn’t secured funding yet, according to a report from the Financial Times.
2h
on MSN
Stargate AI Project: What AI Stocks Could Benefit in 2025 and Beyond?
President Donald Trump announced The Stargate Project, a private $500 billion artificial intelligence (AI) infrastructure ...
4h
New details emerge about Project Stargate as Meta discloses $60B+ AI investment
OpenAI, SoftBank Group Corp. and Oracle Corp. unveiled Project Stargate during a Tuesday press briefing at the White House.
Texas Public Radio
27m
Stargate’s $500 billion bet on AI
The new joint venture between OpenAI, Oracle, SoftBank and other partners intends to build the infrastructure needed to ...
2d
on MSN
Trump highlights partnership investing $500 billion in AI
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new ...
5h
AI Daily: OpenAI, SoftBank said to commit $19B each to Stargate JV
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this ...
InvestmentNews
1d
Musk questions whether $100B AI venture backers have the money
Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White ...
18h
Trump waves off criticism from Elon Musk on AI announcement
U.S. President Donald Trump on Thursday dismissed criticism from close ally Elon Musk about a $500 billion artificial ...
7h
Reliance plans world’s biggest AI data center in India, report says
Mukesh Ambani’s Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a ...
GEN
6h
StockWatch: Up-to-$500B AI Venture Sparks Investor Interest, and Questions
Stargate CEOs cite project’s promise of enabling cancer vaccines, though Musk joins critics in questioning partners’ ...
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