SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump
Elon Musk Says Project Stargate Doesn't 'Actually Have The Money' After Trump Announces $500 Billion AI Investment Led By SoftBank, Oracle And OpenAI
SoftBank Shares Jump After Unveiling $500 Billion Venture With OpenAI
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.
Japan Inc will struggle to follow SoftBank's lead and go big with Trump
SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal with the details later.
SoftBank-Backed Fish Startup Allegedly Faked Most of Its Sales
EFishery Pte, one of Indonesia’s most prominent startups, may have inflated its revenue and profit over several years, according to an internal investigation triggered by a whistleblower’s claim about the company’s accounting.
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SoftBank to help fund and lead Trump-backed Stargate AI project, a $500 billion venture
The president said it will be the largest AI infrastructure ever built and that it will help counter technology threats from China and other countries.
Project Stargate: A $500 Billion Venture Between Oracle, Open AI, Nvidia & Softbank That Will Revolutionize Healthcare
The project will entail a joint venture between Oracle, Open AI and Softbank with the promise of investing nearly $500 billion into artificial intelligence infrastructure over the next four years. Other partners also include Nvidia, Microsoft and ARM— companies that have all been paramount to the significant AI boom in recent years.
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Tokyo stocks surge on firm chip shares led by SoftBank Group
Tokyo stocks ended sharply higher Wednesday, driven by gains in semiconductor-related shares following news that SoftBank Group will
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Tokyo stocks sharply higher in morning as SoftBank Group soars
Tokyo stocks were sharply higher Wednesday morning, led by rises in SoftBank Group following news it would be part of a massive artif
Elon Musk bashes the $500 billion 'Stargate' deal between OpenAI and SoftBank — and backed by Trump
Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL), despite backing from his allies — including President Donald Trump.
Stargate Project: groundbreaking AI infrastructure or empty hype?
Donald Trump announces the $500 billion "Stargate Project" to position the US as the global leader in artificial intelligence.
Microsoft loses OpenAI exclusive cloud provider status to $500 billion Stargate project — as the ChatGPT maker races to hoist the AGI flag first
Microsoft is OpenAI's largest investor, with a 49% stake, translating to $14 billion. As part of its complicated partnership with the ChatGPT maker, Microsoft was once the exclusive cloud computing partner for OpenAI. However, OpenAI's $500 billion investment in computing infrastructure changes its relationship with Microsoft.
Musk Casts Doubt on Trump’s $100 Billion A.I. Announcement
Mr. Trump had claimed the A.I. announcement as an early trophy, taking credit for the companies’ decision to spend up to $500 billion building data centers.
S&P 500 Hits Record High as AI Powers Tech Rally: Markets Wrap
A rally in big tech and a batch of earnings from corporate heavyweights drove stocks toward a record close in a continuation of the surge fueled by the strength of Corporate America.