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OpenAI, SoftBank and Donald Trump

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.

Reuters · 1d

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.

EconoTimes · 2h

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

Microsoft relaxes data center grip on OpenAI

Reuters · 1d

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.

Engadget on MSN · 18h

OpenAI and Softbank team up for a $500 billion AI data center venture

OpenAI will build and open AI infrastructure worth $500 billion in the United States over the next four years in partnership with SoftBank. The two entities have teamed up to establish a new company called the Stargate Project to build AI data centers for the ChatGPT maker,

MarketWatch · 1d

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,

13hon MSN

People are buying the wrong stock thinking it's part of OpenAI's Stargate Project

MGX stock is soaring Wednesday on the heels of the company’s involvement with OpenAI and SoftBank’s (SFTBY) new Stargate ...

18h

Oracle's AI Moonshot: Why Project Stargate Could Propel ORCL Stock Higher

Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison ...

13hon MSN

Oracle Stock Surges on Trump's Stargate Project

Oracle stock is higher Wednesday after President Trump announced the $500 billion AI-focused Stargate Project. Here's what ...

12hon MSN

Why Nvidia, Microsoft, Oracle, Arm, and Other AI Stocks Are Surging Wednesday

Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s ...

Nvidia, tech stocks rally after Trump announces $500 billion Stargate AI project

Nvidia stock jumped Wednesday, extending gains from the prior day following Trump’s announcement of a massive, $500 billion ...

15h

Microsoft No Longer OpenAI’s Exclusive Cloud Computing Provider

Microsoft (MSFT) is no longer the exclusive cloud partner of artificial intelligence (A.I.) start-up company OpenAI. Microsoft has lost its role as the only provider of cloud computing capacity even ...

8hon MSN

OpenAI wants to develop agent with skills of engineer: report

OpenAI wants to evolve its current artificial intelligence-powered chatbots that help developers write and debug code into full-fledged software engineers, according to a report by The Information.

24/7 Wall St15h

Stock Market Today: Nasdaq Composite Jump as NVIDIA (NVDA) & Oracle (ORCL) Soar on $500 Billion 'Stargate' Announcement

Live Updates Make sure to refresh this page periodically for updates. Earnings to Watch Today 9:37 am Here are some earnings ...

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