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SoftBank, AI and Stargate
SoftBank and OpenAI Lead $19B Investments in Stargate AI Initiative
SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative focused on AI data centers, The Information reports. OpenAI and SoftBank will each hold a
OpenAI, SoftBank each commit $19 bln to Stargate AI data center, the Information reports
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday, citing OpenAI CEO Sam Altman speaking to colleagues.
SoftBank, Oracle Stocks Jump After Trump Announces Stargate AI Venture
SoftBank, Oracle and others have very big artificial-intelligence spending plans with very little detail. Investors are very pleased. On Tuesday, the new Trump administration said the companies wou
Hosted on MSN
20h
Dow Gains 131, Nasdaq Jumps 253, S&P 500 Adds 37
Netflix and AI excitement sent Wall Street to the brink of an all-time high on Wednesday. The post appeared first on TV News ...
7d
on MSN
SoftBank veteran hunts for profits in payments infrastructure plumbing
Former SoftBank exec Akshay Naheta's startup, Distributed Technologies Research, is trying to bridge the gap between banking ...
4h
Nasdaq 100: Tech Stocks Poised for Gains at Opening Bell on Netflix, AI Optimism
Nasdaq 100 climbs at the opening bell as Netflix’s stellar earnings and AI investments fuel tech stock momentum. Will the ...
11h
Stock market today: Nasdaq jumps, S&P 500 nears record as Netflix, 'Stargate' AI project invigorate tech
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season ...
Hosted on MSN
4h
Stock Market News for Jan 23, 2025
Market News U.S. stocks ended higher on Wednesday after President Trump announced a $500 billion investment in AI infrastructure. Market participants also reacted positively to strong fourth-quarter ...
1d
on MSN
Nasdaq leads Wall St higher helped by Netflix results, Trump's AI investment plans
The Nasdaq led gains among Wall Street's main indexes on Wednesday, as investors cheered streaming giant Netflix's strong ...
1d
on MSN
Trump Announces Stargate: Texas-Based Investment Combines AI Heavyweights
Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.
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