OpenAI announced a partnership with Nvidia, Microsoft, Oracle, and Arm to develop advanced AI infrastructure in the U.S. through a new entity, The Stargate Project. This initiative plans to invest $500 billion over
Trump was joined by Oracle founder Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son, who said the investment would start with $100 billion, plus a goal of $500 billion over the course of four years.
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.
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.”
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 on Tuesday (Jan 21) 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 US$500 billion of new AI data centres in the US.
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.
Oracle Corporation (NYSE:ORCL) stock increased by 5.7% on market opening today following the announcement of President Donald Trump's ambitious Stargate AI initiative which promises $500 billion for AI infrastructure development while building AI dominance in the U.
Donald Trump made a symbolic mark on the future of artificial intelligence by repealing Joe Biden’s guardrails
By Alessandro Parodi, Dominique Patton and Zaheer Kachwala MILAN/PARIS (Reuters) -Global industrial and technology stocks including Oracle and Schneider Electric rallied on Wednesday after U.S.
Calling it the largest AI infrastructure project in history “by far”, Trump said the joint venture called Stargate will build data centres and create more than 100,000 jobs in the United States.