U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.
SoftBank Group (SFTBF 8.38%) is a Japanese holding ... SoftBank invested $4.4 million into WeWork in 2017. The company's planned 2019 initial public offering (IPO) was scrapped, and WeWork ...
President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a
SoftBank CEO Masayoshi Son called the launch of Stargate the "beginning of a golden age," aligning with Trump’s vision for the US under his leadership. Son also committed to investing $100 billion in US projects over the next four years,
Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.
US President Trump announces USD 500 billion AI infrastructure investment with OpenAI, Oracle, and SoftBank forming Stargate.
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 intelligence in the U.
Joining Trump fresh off his inauguration at the White House were Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle.
The president says their new entity, Stargate, will make a “tremendous investment” in what he says will be the “largest AI infrastructure project, by far, in history.”