OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
OpenAI, Oracle, Softbank and MGX are investing a record amount in new AI infrastructure even as China's DeepSeek outperforms on cost.
Two of the most powerful tech leaders in the world, Microsoft CEO Satya Nadella and Tesla CEO Elon Musk, are not exactly fans of the $500 billion Stargate AI initiative announced by Trump this week.
Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.
The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 ...
SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor ...
President Trump unveiled the AI initiative on Tuesday alongside the executives of OpenAI, Oracle and Softbank.
Putting aside his vexing meme-coin launch before his inauguration, the president’s new artificial intelligence initiative, Project Stargate, has made waves across financial markets. Announced Tuesday, ...