US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.
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
Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Officials in Beijing said pension funds and mutual funds would be required to increase purchases of shares,
Officials in Beijing said Chinese pension funds and mutual funds would ... helped by gains in technology shares, including those of SoftBank Group Corp. It is investing heavily in Stargate, a joint venture the White House has announced will start building ...
Asian stocks turned in a mixed performance on Thursday despite China announcing a slew of measures to stabilize its stock markets.
World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise.
A day after his inauguration as US President, Donald Trump unveiled a $100 billion venture to fund artificial intelligence infrastructure, backed by three of the biggest names in tech - OpenAI, SoftBank Group Corp.
Asian stock markets are trading mostly higher on Thursday, supported by positive cues from Wall Street overnight.
Significantly, retail sales, industrial production, and unemployment figures gave investors insights into the effectiveness of Beijing ... with Softbank Group Corp. (9984) and Tokyo Electron ...
Chinese company ByteDance, the owner of the TikTok social media platform, plans to spend over US$12 billion on developing AI-related
OpenAI and SoftBank (SFTBY) will commit $19B each to the artificial intelligence-focused Stargate Project, The Information reported. Read for more.
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday, citing OpenAI CEO Sam Altman speaking to colleagues.