Mint Explainer: Will the $500 billion Stargate plan help the US trump China?
On the second day of his presidency on Tuesday, Donald Trump announced the Stargate Project, a $500 billion joint venture among OpenAI, Softbank, Oracle, and MGX, to build AI-focused data centres across the US.
What to Know About ‘Stargate,’ OpenAI’s New Venture Announced by President Trump
Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of AI.
Trump touts new AI project by Softbank, Oracle and OpenAI
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 to help fund and lead Trump-backed Stargate AI project, a $500 billion venture
The president said it will be the largest AI infrastructure ever built and that it will help counter technology threats from China and other countries.
SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports
SoftBank Group Corp. and 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.
OpenAI, SoftBank, Oracle to invest $500 billion in AI, Trump says
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure. OpenAI, SoftBank (9984.T), and Oracle (ORCL.N) will form a joint venture called Stargate,
Government Technology3h
Trump Announces Billion-Dollar Strategic AI Investment
On his second day in office, President Donald Trump unveiled a joint, private-sector venture to fund billions of dollars in U ...
What is Stargate? The $500 billion AI project approved by Trump 2.0 to beat competitor China
President Donald Trump has announced the Stargate initiative, a significant collaboration involving OpenAI, SoftBank, and ...
Why Trump’s AI plan just caused a billionaire slapfight
President Donald Trump gives remarks in the Roosevelt Room where he announced a new AI initiative at the White House in Washington D.C., on Tuesday, January 21, 2025, as Softbank CEO Masayoshi Son, ...
Japan Inc will struggle to follow SoftBank's lead and go big with Trump
SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump ...
Trump announces Stargate plan: Joint tech venture calls for $500B on AI with Abilene site
President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to ...
devdiscourse21h
Stargate Venture: Unifying Tech Titans for AI Domination
OpenAI, SoftBank Group, and Oracle announce a $500 billion investment in AI infrastructure via the new venture, 'Stargate.' This partnership positions the U.S. to solidify its lead over China in AI.
Morning Bid: They Do Know Stargate Is Sci-Fi, Right?
OpenAI CEO Sam Altman speaks next to Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son after U.S. President ...
Tech titans join Trump for US$100 billion AI boost ‘to beat China’ in Day 2 pledge
OpenAI, SoftBank and Oracle CEOs join the new president for White House launch of private sector joint venture Stargate.
devdiscourse1d
Tech Titans Unite: Microsoft, OpenAI, and Oracle's Groundbreaking AI Collaboration
Microsoft has revised key terms in its deal with OpenAI following the latter's joint venture with Oracle and SoftBank to ...