SoftBank Shares Jump After Unveiling $500 Billion Venture With OpenAI
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.
Trump Administration announced Stargate AI infrastructure joint venture, investing $500 billion over 4 years. SoftBank, ...
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
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On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial ...
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by ...
Both the Stargate announcement and the revocation of the AI safeguard Biden had put in place sparked widespread criticism ...
Shares in Japanese tech behemoth SoftBank Group soared more than eight percent on Wednesday after US President Donald Trump announced a major investment to build AI infrastructure.
OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.The two companies would then both own ...
The partnership that launched the AI boom has been strained by disagreements over computing resources.
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