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.
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
Hours later, Elon Musk publicly raised questions about whether the joint venture would ever get off the ground.Late Tuesday ...
SoftBank, OpenAI, and Oracle are launching a $100 billion joint venture to enhance AI infrastructure, with plans to escalate ...
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 ...
8hon MSN
On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial ...
Elon Musk raises concerns about the Trump-backed $500 billion Stargate AI Project, questioning SoftBank's ability to fund the ...
Under the Trump administration, OpenAI and other members of the tech sector are making a push to establish AI dominance in ...
Shares in Japanese tech behemoth SoftBank Group soared more than eight percent on Wednesday after US President Donald Trump announced a major investment to build AI infrastructure.
Donald Trump has announced the "Stargate Project." Backed by major tech companies, the project aims to boost AI ...
Salesforce CEO Marc Benioff said that the two AI leaders, Sam Altman and Mustafa Suleyman do not care for each other.
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