SoftBank Eyes Historic $25 Billion Investment In OpenAI, Set To ...
21 hours ago · SoftBank Group SFTBF SFTBY is reportedly negotiating a potential investment of $15 billion to $25 billion in OpenAI. ... Oracle Corp. ORCL, and the UAE’s MGX fund, ...
Announcing The Stargate Project | SoftBank Group Corp.
Jan 21, 2025 · SoftBank Group Corp. OpenAI. The Stargate Project is a new company which intends to invest $500 billion over the next four years building new AI infrastructure for OpenAI in the United States. We will begin deploying $100 billion immediately. ... The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX. SoftBank and OpenAI ...
SoftBank in Talks to Invest Up to $25 Billion in OpenAI
11 hours ago · Stargate, a joint venture of SoftBank, OpenAI and the software company Oracle, could result in $500 billion of investment in computing infrastructure, the companies have said. The negotiations ...
SoftBank in Talks to Invest Up to $25 Billion in OpenAI
SoftBank 9984-1.06% decrease; red down pointing triangle is in talks to invest $15 billion to $25 billion in OpenAI, potentially deepening the relationship between the two companies that are ...
OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says
Jan 21, 2025 · SoftBank Group Corp. ... 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.
Stargate LLC - Wikipedia
Stargate Project, incorporated in Delaware as Stargate LLC, [1] is an American artificial intelligence (AI) joint venture created by OpenAI, SoftBank, Oracle, and investment firm MGX. [2] The venture plans on investing up to US$500 billion in AI infrastructure in the United States by 2029. It has been planned since 2022 and was formally announced on January 21, 2025, by United States president ...
SoftBank's Role in $500 Billion Stargate AI Venture Seen as Major ...
Jan 22, 2025 · The Trump Administration has announced an AI infrastructure joint venture in the U.S. named “Stargate,” comprised of OpenAI, SoftBank Group (OTC:SFTBF) (OTC:SFTBY), Oracle Corp (NYSE:ORCL),...
SoftBank Shares Soar on $100 Billion AI Push With OpenAI, Oracle
Jan 22, 2025 · Shares of SoftBank Group Corp. jumped 12% after the company announced it’s teaming up with OpenAI, Oracle Corp. and Abu Dhabi-backed MGX on a $500 billion project to build data centers and ...
How Stargate Partners Oracle, Open AI, Nvidia And Softbank Aim …
Jan 22, 2025 · The project, a joint venture between Oracle, Open AI and Softbank, includes the promise of nearly $500 billion to be invested into artificial intelligence infrastructure over the next four years.
OpenAI teams up with SoftBank and Oracle on $500B data
Jan 21, 2025 · 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 ...