Trump Unveils $500B 'Stargate Project' Between SoftBank, OpenAI, Oracle
The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX. SoftBank and OpenAI are the lead partners for Stargate, with SoftBank having financial responsibility and OpenAI having operational responsibility. Masayoshi Son will be the chairman.
OpenAI, SoftBank, Oracle, and MGX Launch The Stargate Project to Invest $500 Billion in US AI Infrastructure
At the core of this initiative is the formation of a new company, The Stargate Project, a joint venture between OpenAI, SoftBank, Oracle, and MGX. Over the next four years, this project will invest an astonishing $500 billion to develop cutting-edge AI infrastructure in the U.S., aiming to secure the country’s leadership in artificial intelligence.
SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump ...
Shares of SoftBank Group Corp. jumped as much as 8.1% after US President Donald Trump announced a multi-billion dollar push ...
Masayoshi Son, the Japanese tycoon helming US President Donald Trump's big new AI push, is the son of an immigrant <a target= ...
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 ...
The president said it will be the largest AI infrastructure ever built and that it will help counter technology threats from ...
Japanese tech giant SoftBank Group Corp. as well as OpenAI and Oracle Corp. will form a new company that will invest at least ...
A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, ...
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
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