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OpenAI, SoftBank and Stargate
SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump
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 aimed at speeding development of the emerging technology.
Elon Musk bashes the $500 billion 'Stargate' deal between OpenAI and SoftBank — and backed by Trump
Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL), despite backing from his allies — including President Donald Trump.
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports
The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing OpenAI CEO Sam Altman speaking to colleagues. OpenAI and SoftBank did not immediately respond to Reuters' requests for comment.
Digi Times
3h
SoftBank founder shifts investment focus from China to US
SoftBank Group CEO Masayoshi Son is shifting his focus away from investments in China and toward the US, as seen with his ...
2d
SoftBank-Backed Fish Firm Allegedly Faked Most of Its Sales
EFishery Pte, one of Indonesia’s most prominent startups, may have inflated its revenue and profit over several years, ...
8d
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 ...
2d
Tokyo stocks surge on firm chip shares led by SoftBank Group
Tokyo stocks ended sharply higher Wednesday, driven by gains in semiconductor-related shares following news that SoftBank ...
2d
SoftBank-Backed Fish Startup Allegedly Faked Most of Its Sales
EFishery Pte, one of Indonesia’s most prominent startups, may have inflated its revenue and profit over several years, according to an internal investigation triggered by a whistleblower’s claim about ...
5m
on MSN
Elon Musk’s business conflicts draw scrutiny amid White House role
Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the ...
1h
Trump AI project presents Musk with early test of loyalty
Elon Musk’s criticism of an artificial intelligence (AI) infrastructure project backed by President Trump is presenting an ...
WAMC
1h
Trump has tossed a lot of Biden policies. But there's one AI measure he wants to keep
President Trump says he likes Biden's idea to open up federal lands for AI data centers. His White House is looking for ways ...
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