A look at the day ahead in European and global markets from Stella Qiu Day two of Donald Trump's second presidency culminated in an announcement that OpenAI, SoftBank Group and Oracle will form a venture called Stargate and invest $500 billion in AI infrastructure across the United States,
US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.
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
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure.
SINGAPORE/NEW YORK (Reuters) - Asia shares rose on Thursday, helped by a jump in their Chinese counterparts on Beijing's latest measures to shore up its crumbling stock market, while elsewhere, investors continued to have their eyes on U.S. President Donald Trump's policy plans.
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Good for OpenAI, bad for Musk—just one piece in the race for data, AI, and global power. A glimpse into the future of U.S. regulation.
SoftBank ( SFTBY) first made the $100 billion commitment in early December during a visit by founder and CEO Masayoshi Son to Trump's home in Mar-a-Lago.
The partnership that launched the AI boom has been strained by disagreements over computing resources.
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday, citing OpenAI CEO Sam Altman speaking to colleagues.
Who will “save” TikTok? YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison have been floated as potential buyers of the app in the past week.
Shares of technology companies rallied amid hopes for an acceleration of the artificial-intelligence boom.