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OpenAI, SoftBank and Oracle Corporation

Channel NewsAsia Singapore · 19m

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,

Benzinga.com · 1h

Elon Musk Says Project Stargate Doesn't 'Actually Have The Money' After Trump Announces $500 Billion AI Investment Led By SoftBank, Oracle And OpenAI

Tesla Inc. CEO Elon Musk cast doubt Wednesday on the ambitious $500 billion Project Stargate, hours after its announcement, claiming lead investor SoftBank Group SFTBY -0.36% + Free Alerts SFTBF + Free Alerts has “well under $10B secured.”

Quartz on MSN · 13h

Oracle stock climbs 7% as Trump is expected to announce its joint AI venture with OpenAI and Softbank

Oracle (ORCL) stock closed up by more than 7% on Tuesday amid reports of a joint venture with OpenAI and Softbank (SFTBY).

Microsoft relaxes data center grip on OpenAI

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.

TechCrunch · 3h

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.

The Verge · 12h

OpenAI and Softbank are starting a $500 billion AI data center company

A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project.

13hon MSN

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

Key Takeaways Oracle shares surged Tuesday after reports that President Trump could soon announce an artificial intelligence ...

Oracle Leads Gains as OpenAI Unveils $500B AI Initiative

Microsoft (NASDAQ:MSFT), and Arm Holdings (NASDAQ:ARM) rallied after announcing a groundbreaking $500 billion artificial ...

52mon MSN

Musashi Seimitsu stock rises on Stargate Project optimism

Shares of Musashi Seimitsu Industry Co., Ltd. (TYO:7220) climbed 6% in trading today, likely buoyed by investor optimism ...

3hon MSN

Google to invest another $1B in Anthropic, OpenAI’s biggest rival - report

Google LLC, a division of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), has announced spending an additional $1 billion on the ...

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