stargate joint venture

AI, Joint Venture

What to Know About 'Stargate,' OpenAI's New Venture Announced by 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.

TechRepublic · 11h

AI Joint Venture: US Announces Project Will Provide $500 Billion for Infrastructure

The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.

The Associated Press on MSN · 1d

‘Big Money and High Quality People’: Stargate Joint Venture to Invest in U.S. AI Infrastructure

Trump lauded the up to $500 billion partnership with OpenAI, Oracle, and SoftBank to build out data centers and electricity generation in Texas to support U.S. AI development.

OpenAI, SoftBank and Stargate

Reuters · 10h

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.

AOL · 3h

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.

Bloomberg on MSN · 9h

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.

10hon MSN

Elon Musk throws shade at $500 billion Stargate venture

Elon Musk weighed in on one of the first business investment unveilings by President Donald Trump Wednesday, in a move that ...

ReadWrite1h

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 ...

17h

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 ...

10h

Trump and tech bosses announce 'Stargate,' $500 billion data center project that's starting in Texas

Joint venture Stargate will be building out data centers and beefing up electricity generation to support the fast-evolving ...

13h

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?

20hon MSN

As Nvidia’s stock gains, one analyst shows why Stargate could be so significant

Will Nvidia become part of the “Trump trade?” Melius Research says the new Stargate joint venture may signal more AI-friendly moves ahead and help the company’s long-term growth.

41m

Mint Primer | Stargate Wars: Where is India in the AI infra race?

Project Stargate is a $500-billion joint venture with OpenAI, Oracle, SoftBank, and MGX to build AI-focused infrastructure ...

6hon MSN

As it unfolded — 24 hours of Elon Musk and Sam Altman's public exchanges since Trump announced Stargate

"I genuinely respect your accomplishments and think you are the most inspiring entrepreneur of our time," Altman wrote in an ...

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