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Trump, OpenAI and Oracle
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.
OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure.
OpenAI, SoftBank, Oracle to Invest $500 Billion in AI, Trump Says
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 project with emergency orders.
Microsoft relaxes data center grip on OpenAI
OpenAI and Softbank are starting a $500 billion AI data center company
A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project.
Microsoft relaxes data center grip on OpenAI amid $500 bln joint venture
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
AI Stocks Rise on Reported $100 Billion Data Center Deal
OpenAI, SoftBank and Oracle are reportedly planning a joint venture called Stargate focused on building data centers and other infrastructure to support AI development, according to CBS News. The companies are expected to invest at least $100 billion in the initiative and up to $500 billion over the next four years,
Trump to unveil $100bn AI infrastructure investment
White House to Unveil Artificial-Intelligence Infrastructure Investment
The White House is expected to announce a multibillion-dollar investment in American artificial-intelligence infrastructure from a joint venture of OpenAI, SoftBank and Oracle on Tuesday afternoon. The companies are committing $100 billion to the joint venture,
Trump's first full day back in White House includes firings and an infrastructure announcement
President Donald Trump is spending his first full day back in the White House meeting with congressional leaders, announcing an investment in artificial intelligence infrastructure and demonstrating o
Donald Trump to unveil $100bn AI infrastructure investment
Dubbed Stargate, the joint venture was poised to receive an initial cash injection of $100bn from the tech giants, rising to as much as $500bn over the next four years, according to two people familiar with the matter.
21m
on MSN
Stargate: OpenAI, SoftBank announce $500 billion US-based AI data centre network; to create thousands of jobs
A key focus of the Stargate project is to facilitate the development of Artificial General Intelligence (AGI), a level of AI ...
4h
Microsoft Changes OpenAI Pact to Allow Use of Rival Cloud Services
The software giant was previously the exclusive cloud provider for OpenAI and now retains right of first refusal.
MIT Technology Review
3h
OpenAI ups its lobbying efforts nearly seven-fold
AI policy is now prioritizing energy, not deepfakes. OpenAI's spending makes clear how much it wants to shape the new rules.
TweakTown
12h
OpenAI's new 'Operator' touted as the next breakthrough in artificial intelligence
OpenAI's CEO Sam Altman is adamant AI agents are the next big breakthrough with artificial intelligence, which will automate ...
The Economist
1d
OpenAI’s latest model will change the economics of software
Excitement from those who expected its reasoning capabilities to be a big step towards superhuman intelligence (some reckoned ...
10h
on MSN
OpenAI confirms launch of 'o3 Mini’ AI model that pauses to ‘think’ — here's how it works
OpenAI's latest, the o3 mini model, represents a significant leap by incorporating advanced reasoning skills that allow for ...
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