softbank group openai

OpenAI, SoftBank to each commit $19B to Stargate Project

SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports

SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.

EconoTimes · 16h

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

AOL · 12h

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.

OpenAI, Microsoft and Marc Benioff

TechCrunch · 6h

Microsoft’s relationship with OpenAI cracked when it hired Mustafa Suleyman, rival Marc Benioff says

Salesforce CEO Marc Benioff said that the two AI leaders, Sam Altman and Mustafa Suleyman do not care for each other.

CNBC on MSN · 1d

Salesforce CEO Marc Benioff: Don't think Microsoft will use OpenAI in the future

Salesforce co-founder, chairman and CEO Marc Benioff joins 'Squawk Box' to discuss the $500 billion Stargate AI project, state of the AI technology race, Microsoft-OpenAI partnership, what to expect in the new Trump administration,

Windows Central on MSN · 5h

Salesforce CEO Marc Benioff claims Microsoft won't use OpenAI in the future — Microsoft already admitted GPT-4 is too expensive and isn't fast enough to meet consumer needs

Salesforce CEO Marc Benioff claims Microsoft won't use OpenAI in the future, following the announcement of the $500 billion Stargate project to build AI infrastructure for the ChatGPT maker's cloud computing needs.

1don MSN

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 ...

SoftBank Shares Jump After Unveiling $500 Billion Venture With OpenAI

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 8.8% ...

18h

OpenAI, SoftBank each commit $19 billion to Stargate AI data center: Report

US President Donald Trump announced that OpenAI, SoftBank Group and Oracle will unveil Stargate and invest $500 billion over ...

16h

US Government, Tech Giants Launch $500 Billion AI-Driven Infrastructure Initiative

The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.

21hon MSN

OpenAI’s Stargate may be tech’s biggest gamble ever, but here’s what’s really at stake

Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.

1hon MSN

Morgan Stanley maintains Softbank stock with JPY9,000 target

Morgan Stanley (NYSE:MS) reiterated its Equal-weight rating on Softbank (OTC:SFTBY) Group Corp. (9984:JP) (OTC: SFTBY) and maintained a price target of JPY9,000.00. The firm also highlighted Softbank ...

21h

Elon Musk and Sam Altman cofounded OpenAI, but now they're locked in a legal battle. Here's the history of their working relationship and feud.

Elon Musk asked a judge to block OpenAI's attempt to transition from nonprofit to for-profit. It's not the first time he's ...

American Banker1h

Trump ditched Biden's executive order on AI. What changes?

On Monday, when President Donald Trump revoked the Executive Order on Artificial Intelligence former President Joe Biden established in October 2023, it was truly gone. Any attempt to click on a link ...

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