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OpenAI, SoftBank to each commit $19B to Stargate Project
SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports
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 and OpenAI Lead $19B Investments in Stargate AI Initiative
SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative focused on AI data centers, The Information reports. OpenAI and SoftBank will each hold a
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports
The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing OpenAI CEO Sam Altman speaking to colleagues. OpenAI and SoftBank did not immediately respond to Reuters' requests for comment.
OpenAI, Microsoft and Marc Benioff
Microsoft’s relationship with OpenAI cracked when it hired Mustafa Suleyman, rival Marc Benioff says
Salesforce CEO Marc Benioff said that the two AI leaders, Sam Altman and Mustafa Suleyman do not care for each other.
Salesforce CEO Marc Benioff: Don't think Microsoft will use OpenAI in the future
Salesforce co-founder, chairman and CEO Marc Benioff joins 'Squawk Box' to discuss the $500 billion Stargate AI project, state of the AI technology race, Microsoft-OpenAI partnership, what to expect in the new Trump administration,
Salesforce CEO Marc Benioff claims Microsoft won't use OpenAI in the future — Microsoft already admitted GPT-4 is too expensive and isn't fast enough to meet consumer needs
Salesforce CEO Marc Benioff claims Microsoft won't use OpenAI in the future, following the announcement of the $500 billion Stargate project to build AI infrastructure for the ChatGPT maker's cloud computing needs.
23h
on MSN
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 ...
1d
on MSN
The Stargate Project: Trump and OpenAI announce $500 billion AI venture
Under the Trump administration, OpenAI and other members of the tech sector are making a push to establish AI dominance in ...
15h
OpenAI, SoftBank each commit $19 billion to Stargate AI data center: Report
US President Donald Trump announced that OpenAI, SoftBank Group and Oracle will unveil Stargate and invest $500 billion over ...
14h
US Government, Tech Giants Launch $500 Billion AI-Driven Infrastructure Initiative
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
19h
on MSN
OpenAI’s Stargate may be tech’s biggest gamble ever, but here’s what’s really at stake
Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.
19h
Elon Musk and Sam Altman cofounded OpenAI, but now they're locked in a legal battle. Here's the history of their working relationship and feud.
Elon Musk asked a judge to block OpenAI's attempt to transition from nonprofit to for-profit. It's not the first time he's ...
The Information
50m
Armed With $770 Million, a Seattle VC Firm Hunts for AI Apps
Seattle-based venture capital firm Madrona Ventures, an early backer of Amazon and Snowflake, has some strong takes on where artificial intelligence is going next—and fresh capital to back them up.The ...
JD Supra
1h
Trump, Tech Leaders Announce AI Infrastructure Investment Plan, Boon to Data Center Industry
President Donald Trump, alongside OpenAI CEO Sam Altman, Oracle Chairman Larry Ellison and Softbank CEO Masayoshi Son, announced ...
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