OpenAI, SoftBank to commit $25.7 billion each to Trump’s Stargate AI project, says report
Bengaluru – SoftBank Group and OpenAI each plan to commit US$19 billion (S$25.7 billion) of capital to Stargate, the mega US AI endeavor President Donald Trump unveiled this week, the Information reported.
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
On his second day in office, President Donald Trump unveiled a joint, private-sector venture to fund billions of dollars in U ...
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new ...
President Trump has announced a major AI initiative called "Stargate" -- but the firms involved have DEI policies that go ...
Altman took to X to dispute Musk's characterisation on Wednesday, calling it wrong and suggesting Musk was upset because the ...
SoftBank shares surged — on five times the previous day’s volume — on Wednesday after the Japanese investment group landed a ...
13hon MSN
The investment brings together an alliance of tech giants. While SoftBank and OpenAI are lead partners—with SoftBank handling ...
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