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SoftBank Joins OpenAI, Oracle

Hosted on MSN · 2h

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.

Stargate: Softbank, OpenAI and Oracle’s ambitious $500 billion joint AI pact, explained

SoftBank, OpenAI, and Oracle are launching a $100 billion joint venture to enhance AI infrastructure, with plans to escalate investment to $500 billion. The initiative, supported by President Donald Trump,

MarketWatch · 7h

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.

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 · 2h

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 · 10h

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.

9hon MSN

SoftBank CEO Masayoshi Son will lead massive $500 billion Stargate project with OpenAI’s Sam Altman and Oracle’s Larry Ellison

Trump was joined by Oracle founder Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son, who said the ...

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 ...

Kyodo News on MSN2h

Tokyo stocks surge on firm chip shares led by SoftBank Group

Tokyo stocks ended sharply higher Wednesday, driven by gains in semiconductor-related shares following news that SoftBank ...

1h

Japan Inc will struggle to follow SoftBank's lead and go big with Trump

SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump ...

4h

Microsoft Eases Restrictions on OpenAI as USD500 Billion AI Venture Takes Shape

Microsoft has revised the terms of its partnership with OpenAI following its Cloud partner's announcement of a major joint ...

Kyodo News on MSN5h

Tokyo stocks sharply higher in morning as SoftBank Group soars

Tokyo stocks were sharply higher Wednesday morning, led by rises in SoftBank Group following news it would be part of a ...

10hon MSN

Microsoft is letting OpenAI get its own AI compute now

The new agreement “includes changes to the exclusivity on new capacity, moving to a model where Microsoft has a right of ...

14h

Donald Trump to unveil $100bn AI infrastructure investment

Dubbed Stargate, the joint venture was poised to receive an initial cash injection of $100bn from the tech giants, rising to ...

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