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 ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing ...
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new ...
U.S. President Donald Trump announced on January 21 that Japan's SoftBank Group, Open AI and Oracle will together ...
On his second day in office, President Donald Trump unveiled a joint, private-sector venture to fund billions of dollars in U ...
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
The two companies would then both own 40% of Stargate, the tech outlet said, citing comments by Chief Executive Officer Sam ...
President Trump has announced a major AI initiative called "Stargate" -- but the firms involved have DEI policies that go ...
US President Donald Trump announced that OpenAI, SoftBank Group and Oracle will unveil Stargate and invest $500 billion over ...
Shares of technology companies rallied amid hopes for an acceleration of the artificial-intelligence boom.
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