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 ...

(Bloomberg) -- SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald ...

OpenAI says that it will team up with Japanese conglomerate SoftBank and with Oracle, among others, to build multiple data centers for AI in the U.S. The joint venture, called the Stargate Project ...

Trump Administration unveils $500B "Stargate" AI venture with OpenAI, SoftBank, Oracle, and MGX, starting with 10 Texas data centers. SoftBank leads funding for Stargate, OpenAI handles operations ...

President Trump on Tuesday announced that OpenAI, Oracle and Softbank are partnering on a venture to direct more than $100 billion toward computing infrastructure that will power artificial ...

SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8. ...

A report from The Information says that OpenAI and SoftBank will each give $19 billion to the Stargate project. The outlet cites OpenAI CEO Sam Altman himself during a conversation with colleagues.

OpenAI, SoftBank (9984.T), and Oracle (ORCL.N) will form a joint venture called Stargate, with a plan to invest $500 billion, Trump said at the White House. Trump said he will help facilitate the ...

A preliminary, ongoing probe into the agritech startup, backed by investors including SoftBank Group Corp. and Temasek Holdings Pte, estimates that management inflated revenue by almost $600 ...

On January 21, 2025, President Trump, Softbank, OpenAI, Oracle and MGX announced details of the Stargate project, with an initial commitment of $100 billion and plans to invest up to $500 billion over ...

OpenAI stated that 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 ...

Oracle is a natural partner as it is already one of the biggest data center operators in the U.S., while SoftBank has the money required to finance ambitious infrastructure projects. OpenAI ...