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 infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.
Trump's $500 billion AI investment has graphic designers conflicted
When you buy through links on our articles, Future and its syndication partners may earn a commission.
Meta to invest up to $65 billion this year to power AI goals, Zuckerberg says
Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
Zuckerberg wants to spend billions more on AI. Meta investors like that idea.
Mark Zuckerberg says Meta is targeting $60 billion to $65 billion in capital expenditures this year. One analyst thinks up to $33 billion of that could go toward GPUs.
What is Project Stargate? Why this $500-billion AI initiative could herald a 'platform shift'
Stargate AI Project: What AI Stocks Could Benefit in 2025 and Beyond?
Trump’s AI Push: Understanding The $500 Billion Stargate Initiative
Inside Stargate’s AI Reality Distortion Field
The details of Stargate Project involve a collision of money, politics, and egos—with many potential conflicts down the road.
New details emerge about Project Stargate as Meta discloses $60B+ AI investment
OpenAI, SoftBank Group Corp. and Oracle Corp. unveiled Project Stargate during a Tuesday press briefing at the White House. The companies intend to build an expansive network of data centers that will be optimized to run AI workloads. OpenAI will be the sole user of the data centers, the Financial Times’ sources said.
Trump highlights partnership investing $500 billion in AI
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.
Trump's Stargate AI project backed by OpenAI, Oracle, and SoftBank is taking shape: Here's what we know
Trump announced a $500 billion project called Stargate backed by SoftBank, Oracle, and OpenAI. The details of this project have
InvestmentNews3d
Musk questions whether $100B AI venture backers have the money
Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White House to announce the venture, dubbed Stargate, which they said would deploy $100 billion immediately with the goal of eventually spending $500 billion for the construction of data centers and physical campuses.
Trump’s big AI goals start small: 57 jobs at a Texas data center
About 875 acres in Abilene, or roughly the size of New York’s Central Park, have been set aside to construct data centers, according to city documents seen
SoftBank seeks Apollo, Brookfield to help fund massive Stargate AI project - report
Group, led by Japanese billionaire Masayoshi Son, plans to approach private equity firms Apollo Global Management (NYSE:APO) and Brookfield for funding assistance with the Stargate AI project, Nikkei reported.
Reliance plans world’s biggest AI data center in India, report says
Mukesh Ambani’s Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a capacity of 3 gigawatts to capitalize on surging AI demand.