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OpenAI, SoftBank and Stargate
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.
SoftBank and OpenAI Lead $19B Investments in Stargate AI Initiative
SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative focused on AI data centers, The Information reports. OpenAI and SoftBank will each hold a
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports
The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing OpenAI CEO Sam Altman speaking to colleagues. OpenAI and SoftBank did not immediately respond to Reuters' requests for comment.
4d
on MSN
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 ...
5d
on MSN
OpenAI teams up with SoftBank and Oracle on $500B data center project
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
3h
What is DeepSeek? The Chinese OpenAI rival sparking chaos in tech markets
DeepSeek, a Chinese startup, has released a free AI assistant that rivals OpenAI's ChatGPT in quality and was reportedly ...
1h
Nvidia, chip stocks plummet amid market sell-off as DeepSeek prompts questions over AI spending
Nvidia stock dropped more than 11% as a social media panic over the potential rise of a Chinese AI model upended chip stocks ...
4d
on MSN
Microsoft’s relationship with OpenAI cracked when it hired Mustafa Suleyman, rival Marc Benioff says
Salesforce CEO Marc Benioff said that the two AI leaders, Sam Altman and Mustafa Suleyman do not care for each other.
2h
Nvidia plunges 18% and tech stocks slide as China's DeepSeek spooks investors
DeepSeek topped the Apple App Store chart and sparked fears the Chinese company was quickly catching up with OpenAI's ChatGPT ...
2h
What is DeepSeek, and why is it causing investors to freak out?
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock ...
3h
on MSN
China’s DeepSeek AI breakthrough shakes up Wall Street, hits Nvidia, ASML shares
The Chinese start-up disrupted the AI landscape, showing that cost-effective AI models can rival larger systems, raising ...
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