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OpenAI and SoftBank are reportedly putting $19B each
OpenAI, SoftBank each commit $19 bln to Stargate AI data center, the Information reports
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.
OpenAI and SoftBank are reportedly putting $19B each into Stargate
We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, OpenAI's massive data center project.
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.
AI, Trump
The Stargate Project: Trump and OpenAI announce $500 billion AI venture
Under the Trump administration, OpenAI and other members of the tech sector are making a push to establish AI dominance in the U.S.
Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
Trump on Tuesday had talked up a joint venture investing up to $500 billion through a new partnership formed by
OpenAI
, the maker of ChatGPT, alongside Oracle and
SoftBank
. The new entity,
Stargate
, is already starting to build out data centers and the ...
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.
22h
on MSN
OpenAI’s Stargate Deal Heralds Shift Away From Microsoft
Microsoft’s absence from OpenAI’s Stargate announcement follows months of tension between the companies and signals a new era ...
1d
How Stargate Partners Oracle, Open AI, Nvidia And Softbank Aim To Transform Healthcare
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a ...
ReadWrite
13h
What is The Stargate Project? OpenAI’s new company explained
OpenAI announced a new joint venture named The Stargate Project which aims to build a number of data centers for AI in the ...
1d
on MSN
OpenAI’s Stargate may be tech’s biggest gamble ever, but here’s what’s really at stake
Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.
1d
on MSN
Microsoft loses OpenAI exclusive cloud provider status to $500 billion Stargate project — as the ChatGPT maker races to hoist the AGI flag first
Microsoft is OpenAI's largest investor, with a 49% stake, translating to $14 billion. As part of its complicated partnership ...
1d
Stargate Project: groundbreaking AI infrastructure or empty hype?
Donald Trump announces the $500 billion "Stargate Project" to position the US as the global leader in artificial intelligence ...
1d
Microsoft poised to benefit from Stargate venture, with zero money
When President Donald Trump touted a multibillion-dollar artificial intelligence project led in part by OpenAI, one question sprang to mind: Where's Microsoft?
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