Shares of Austin, Texas-based Oracle Corp. (ORCL) are on track to open at their highest level since early December after the company joined an OpenAI-led artificial intelligence (AI) joint venture named Stargate,
Oracle’s announcement comes after the company’s chairman, Larry Ellison, joined OpenAI CEO Sam Altman and SoftBank CEO Masayoshi Son to announce their joint Stargate Project. The venture seeks to spend as much as $500 billion constructing AI data centers across the US.
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.
President Donald Trump unveiled a $500 billion private joint venture to leapfrog U.S. dominance over artificial intelligence. Called Stargate, the project brings together Oracle (NASDAQ:ORCL), one of the world’s biggest data center operators,
SoftBank ($SFTBF) is set to lead a $500 million investing round in artificial intelligence robotics start-up Skild AI, in a move that could value
The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a population of about 130,000 fits into the plans.
SoftBank (SFTBY) is reportedly considering a massive investment of up to $25 billion in Microsoft (MSFT)-backed OpenAI, according to sources
SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal with the details later.
Oracle stock jumped 6% on a report that Trump plans to announce billions of dollars in private sector investment to build artificial intelligence infrastructure in the US.
Oracle (ORCL) stock closed up by more than 7% on Tuesday amid reports of a joint venture with OpenAI and Softbank (SFTBY).
GoFundMe, the crowdfunding website where people can quickly raise money to help others, has generated more than $100 million for those impacted by the Los Angeles wildfires. The sum, pledged in the wake of the fires that erupted on Jan.
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