(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 ...

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 ...

SoftBank CEO Masayoshi Son has been a champion of AI for years. The Japanese conglomerate has invested millions in some of Silicon Valley's biggest tech companies. Son joined OpenAI and Oracle to ...

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 ...

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.

Responding to a post from OpenAI about the project, he wrote, "They don’t actually have the money," adding, "SoftBank has well under $10B secured." A person familiar with Stargate refuted Musk's ...

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. ...

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 ...

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 ...

Jeremy Moeller / Contributor / Getty Images President Trump on Tuesday announced a joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S. The companies said they ...

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 ...

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 ...