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OpenAI, SoftBank to each commit $19B to Stargate Project
OpenAI, SoftBank to each commit $19B to Stargate Project: report
OpenAI and SoftBank (OTCPK:SFTBY) will commit $19B each to the artificial intelligence-focused Stargate Project, The Information reported. The four initial partners — OpenAI, SoftBank, Oracle (NYSE:ORCL) and MGX — will commit roughly $45B in total,
OpenAI’s Stargate represents shift away from Microsoft, WSJ reports
Microsoft’s (MSFT) absence from OpenAI’s Stargate announcement follows months of tension between the two companies and signals an era where the
SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports
SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.
Trump, OpenAI
OpenAI's Sam Altman Flip Flops On Trump After $500 Billion Stargate AI Project, Says 'I Wish I Had Done More Of My Own Thinking'
Sam Altman, CEO of OpenAI, has publicly expressed his support for President Donald Trump. This revelation comes years after he praised LinkedIn co-founder Reid Hoffman for stopping his re-election. What Happened: Altman disclosed that his perspective on President Trump has evolved.
What Is the Trump-Backed Stargate AI Project and Why Is It Controversial?
Trump this week announced a venture between OpenAI, the maker of ChatGPT, Oracle and SoftBank that will invest up to $500 billion aimed at ramping up artificial intelligence infrastructure like data centers and power generation to meet the vast demands of AI processing.
What to Know About 'Stargate,' OpenAI's New Venture Announced by Trump
Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of AI.
Oracle, AI and Stargate
Oracle's AI Moonshot: Why Project Stargate Could Propel ORCL Stock Higher
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.
Oracle Stock and Other AI Datacenter Plays Are Taking Off on Stargate
Oracle stock is poised to reap the benefits of President Donald Trump’s enthusiasm for artificial intelligence, analysts said after Trump announced a $500 billion investment in AI infrastructure on Tuesday.
Oracle: Time To Bet Big On $500 Billion Stargate Stardom
Oracle stock took off as President Trump announced the Stargate AI infrastructure project. Read why I maintain my buy rating for ORCL stock.
2d
OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial ...
Money Morning
3h
3 Stocks to Buy After Trump’s Stargate Announcement
The impact of this deal on the stock market has been quite bullish, especially for AI-related companies and those involved in the deal. Arm Holdings ( NASDAQ:ARM) is up over 12% since the deal and ...
1d
on MSN
Why Nvidia, Microsoft, Oracle, Arm, and Other AI Stocks Are Surging Wednesday
Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s ...
2d
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 ...
2d
OpenAI, SoftBank, Oracle to Invest $500 Billion in AI, Trump Says
OpenAI, SoftBank (9984.T), and Oracle (ORCL.N) will form a joint venture called Stargate, with a plan to invest $500 billion, ...
EconoTimes
22h
S&P 500 Hits Record High Amid Netflix Gains and Trump’s AI Investment Plans
U.S. stock index futures held steady Wednesday evening after the SP 500 hit a record high, driven by Netflixs strong earnings ...
18h
Hang Seng Index and Nikkei Climb While ASX 200 Slumps on Tariff Woes
PBoC’s policy easing spurs Chinese equity gains, lifting the Shanghai Composite and CSI 300. Buyback loans aim to counter US ...
cweb
23h
Microsoft (MSFT) and Oracle (ORCL) Set for Continued Growth in 2025, CWEB Analysts Optimistic About AI Ventures
Microsoft (MSFT) and Oracle (ORCL) are expected to maintain strong growth in 2025, driven by their positions in cloud ...
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