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.
Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.
President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to ...
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a ...
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On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial ...
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a ...
Under the Trump administration, OpenAI and other members of the tech sector are making a push to establish AI dominance in ...
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by ...
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