AI Joint Venture: US Announces Project Will Provide $500 Billion for Infrastructure
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump
SoftBank Shares Jump After Unveiling $500 Billion Venture With OpenAI
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.
OpenAI teams up with SoftBank and Oracle on $500B data center project
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Nvidia Stock Investors Just Got Fantastic Artificial Intelligence (AI) News From President Trump
President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project,
Nvidia Just Became the World's Most Valuable Company. Is It Too Late to Buy the Stock?
Now that it's the world's most valuable company, some investors might believe the time to buy Nvidia has already passed, but these developments show that's not the case. Furthermore, the stock is currently selling for just 32 times next year's expected sales, a remarkably attractive price for a company with so much opportunity.
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What Companies Does SoftBank Own?
SoftBank Group (SFTBF 8.38%) is a Japanese holding ... SoftBank owns a 0.04% stake in graphics processing unit (GPU) maker Nvidia, although it owned about 5% of the tech giant before unloading ...
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Microsoft Loosens Its Hold On OpenAI’s Data Center
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.
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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Tech Titans Unite: Microsoft, OpenAI, and Oracle's Groundbreaking AI Collaboration
Microsoft has revised key terms in its deal with OpenAI following the latter's joint venture with Oracle and SoftBank to build $500 billion of AI data centers in the US. The initiative, called Stargate,
Nvidia Partner SK Hynix Posts Record Profit During AI Boom
SK Hynix Inc. reported a record quarterly profit after the company extended its lead in advanced memory chips for datacenters and artificial intelligence development.Most Read from BloombergTexas HOA
Nvidia Partner SK Hynix Posts Record Profit Propelled by AI Boom
SK Hynix Inc. earned a record quarterly profit after the company extended its lead in memory chips used in datacenters and artificial intelligence development.
What is the ‘Stargate’ AI project?
Donald Trump has announced the "Stargate Project." Backed by major tech companies, the project aims to boost AI infrastructure in the U.S.
The Stargate Project: Trump and OpenAI announce $500 billion AI venture
Under the Trump administration, OpenAI and other members of the tech sector are making a push to establish AI dominance in the U.S.