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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.
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.
Microsoft relaxes data center grip on OpenAI amid 500bn dollars joint venture
Microsoft said it has "revenue sharing agreements that flow both ways" with OpenAI. "The key elements of our partnership remain in place for the duration of our contract through 2030, with our access to OpenAI’s IP, our revenue sharing arrangements and our exclusivity on OpenAI’s APIs all continuing forward," Microsoft said.
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.
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.
Hosted on MSN
28m
Oracle (ORCL) Moves 7.2% Higher: Will This Strength Last?
Oracle (ORCL) shares ended the last trading session 7.2% higher at $172.57. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This ...
15h
Oracle rallies, Nvidia, Microsoft up on OpenAI partnership
Investing.com-- Shares of cloud computing firm Oracle (NYSE: ORCL) rose sharply on Tuesday, while those of Nvidia (NASDAQ: ...
4h
Project Stargate potentially adds growth runway for Nvidia beyond 2026, says UBS
Project Stargate, an AI infrastructure project announced Tuesday by the Trump administration that will invest $500B in U.S. infrastructure over ...
Hosted on MSN
1h
Nvidia, Micron, Arm, Other Chip Stocks Surge As Trump Unveils $500B AI Venture: Retail Excitement Soars
Arm Holdings Plc. (ARM), and chipmaking companies like Taiwan Semiconductor Manufacturing Co. (TSM), Micron Technology Inc.
EconoTimes
9h
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 ...
15h
on MSN
Oracle Stock Surges Ahead Of $500 Billion ‘Stargate’ OpenAI-Trump Deal
Stargate "will be the most important project of this era,” OpenAI CEO Sam Altman said Tuesday alongside Trump.
1h
on MSN
5 Things to Know Before the Stock Market Opens
Netflix stock is jumping in premarket trading after the streaming giant posted strong revenue and subscriber gains; U.S.
2h
Breakfast News: Streaming Success
Netflix beats forecasts, airline resurgence, AI ramp-up, and more ...
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