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.
Japanese tech giant SoftBank Group Corp. as well as OpenAI and Oracle Corp. will form a new company that will invest at least $5
Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL), despite backing from his allies — including President Donald Trump.
Larry Ellison unveiled plans for an AI-driven cancer vaccine system that could deliver personalized treatments within 48 hours.
Larry, let’s negotiate in front of the media,” Trump said at a press conference with the Oracle co-founder, SoftBank CEO Masa Son, and OpenAI CEO Sam Altman to announce a $500 billion artificial intelligence infrastructure investment.
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.”
Donald Trump and three top tech firms announced on Tuesday that they would create a new company called Stargate to grow artificial intelligence infrastructure in the U.S. The President also said the three companies will collaborate and invest $500 billion in the AI infrastructure project.
Two weeks before taking office, Trump announced a $20 billion investment from Dubai-based billionaire Hussain Sajwani for new data centers across the US.
Tech giants OpenAI, SoftBank and Oracle are forming a new entity in a bid to advance artificial intelligence infrastructure in the United States. Stargate aims to
A priority for Trump has been helping supporters who laid siege to the Capitol on Jan. 6, 2021, making their pardons his first official action once he returned to the White House after his inauguration on Monday.
President Donald Trump kicked off his second term with a flurry of executive actions on immigration, the economy, DEI and more.Legal challenges have already been mounted against his effort to end birthright citizenship and action that makes it easier to fire career government employees.