OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data ...

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.

SoftBank ( SFTBY) first made the $100 billion commitment in early December during a visit by founder and CEO Masayoshi Son to ...

Elon Musk is skeptical about Stargate, the AI joint venture that includes OpenAI, and in a rare occurrence, he may be right.

The venture involves OpenAI, Softbank, and Oracle, and starts with an investment of $100 billion. On the second day of his ...

It’s the latest clash in a feud between the two tech billionaires that started on OpenAI’s board and is now testing Musk’s ...

Tech titan Elon Musk cast doubt Wednesday on a $500 billion AI project announced by US President Donald Trump, saying the ...

The source pointed out that MGX has $100b in capital commitments, Oracle has $11b in cash on its balance sheet and OpenAI ...

In one of his first moves as the 47th President of the United States, Donald Trump announced a new US$500 billion project called Stargate to ...