From left: Masayoshi Son, chairman and CEO of SoftBank; Larry Ellison, executive chairman of Oracle; and Sam Altman, CEO of OpenAI listen to President Trump speak at the White House on Jan. 21 ...

The Trump Administration has announced an AI infrastructure joint venture in the U.S. named “Stargate,” comprised of OpenAI, SoftBank Group (OTC:SFTBF) (OTC:SFTBY), Oracle Corp (NYSE ...

ChatGPT creator OpenAI, Softbank and Oracle, along with other equity backers of Stargate, have committed $100 billion for immediate deployment, with the remaining investment expected over the ...

Copyright 2025 The Associated Press. All Rights Reserved. Hours after returning to the White House, President Donald Trump made a symbolic mark on the future of ...

Jan 22 (Reuters) - OpenAI and Japanese conglomerate SoftBank (9984.T), opens new tab will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial ...

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 ...

Arm, Microsoft, Nvidia, and Oracle will be the technology partners SoftBank, OpenAI, Oracle, and MGX are the initial equity funders OpenAI will immediately deploy $100 billion towards the cause ...

Oracle’s Executive Chairman Larry Ellison (Centre) speaks in the Roosevelt Room at the White House, while US President Donald Trump (Left), Softbank Group Chairman and CEO Masayoshi Son (inside ...

President Donald Trump on Tuesday announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of artificial intelligence (AI ...

Masayoshi Son, the CEO of the Japanese multinational investment company SoftBank, has pledged a hefty investment deal with Donald Trump for the U.S. On December 16, 2024, the two jointly announced ...

Stargate, a $500 billion joint venture by OpenAI, Oracle, and SoftBank, aims to revolutionize AI infrastructure with cutting-edge data centers and energy solutions, shaping the future of artificial ...

The Stargate Project brings together tech giants like Oracle, Softbank and OpenAI. The power-hungry AI technology necessitates significant investments in new power generation sources. The growing data ...