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SoftBank Joins OpenAI, Oracle
SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump
SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.
'White House for sale?' Trump unveils multi-billion-dollar AI venture with OpenAI, SoftBank & Oracle
A closer look at OpenAI CEO Sam Altman after President Trump announces a multi-billion dollar joint venture between Altman's company, SoftBank and Oracle, and why it's already drawing the ire of major Trump ally Elon Musk.
Elon Musk Says Project Stargate Doesn't 'Actually Have The Money' After Trump Announces $500 Billion AI Investment Led By SoftBank, Oracle And OpenAI
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.”
AI, Oracle
Oracle and Other AI Data-Center Shares Are Soaring on Stargate
Oracle stock is poised to reap the benefits of President Donald Trump’s enthusiasm for artificial intelligence, analysts said after he announced Tuesday a $500 billion investment in AI infrastructure.
Oracle Shares Surge as Trump Reveals $500 Billion AI Plan
The joint venture, called Stargate, plans to invest $500 billion to help the United States stay ahead of China and other rivals in the global AI race, Trump said at the White House on Tuesday.
OpenAI, SoftBank each commit $19 bln to Stargate data center venture, the Information reports
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.
13h
Why Oracle Stock Is Skyrocketing Today
The sharp move came as the S&P 500 and the Nasdaq Composite gained 0.7% and 1.3%, respectively. Oracle is at the heart of ...
Money Morning
10h
This is Oracle’s Price Target After the Stargate 1 AI Project Announcement
Stargate 1 project is a massive $500 billion AI infrastructure initiative in collaboration with tech giants like OpenAI, ...
5d
Oracle May Hold TikTok’s Future in Its Hands
The company is one of the app’s leading server providers, managing the data centers where billions of 40-second videos are ...
7d
Oracle Corp. stock rises Wednesday, still underperforms market
Shares of Oracle Corp. ORCL advanced 1.28% to $158.31 Wednesday, on what proved to be an all-around great trading session for ...
20h
Oracle Unveils AI-Powered Sales Tools To Boost Customer Engagements: Details
Oracle unveils new AI agents and generative AI features in Oracle Fusion Cloud Sales to enhance sales engagement & streamline ...
12h
How Stargate Partners Oracle, Open AI, Nvidia And Softbank Aim To Transform Healthcare
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a ...
Network World
21h
OpenAI, SoftBank, Oracle lead $500B Project Stargate to ramp up AI infra in the US
The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 ...
12h
on MSN
Watch These Oracle Price Levels as Stock Surges on Optimism About AI Joint Venture
Oracle shares soared following news the enterprise software company will team up with OpenAI and SoftBank to build AI ...
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Donald Trump
Stargate
SoftBank Group
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