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.
We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, OpenAI's massive data center project.
President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to ...
Trump Administration announced Stargate AI infrastructure joint venture, investing $500 billion over 4 years. SoftBank, ...
The new joint venture between OpenAI, Oracle, SoftBank and other partners intends to build the infrastructure needed to greatly expand artificial intelligence in the U.S.
The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a ...
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
The project backed by Oracle, OpenAI, and SoftBank was announced by President Donald Trump Jan. 21, but it's not without its ...
Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL ...
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