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.
OpenAI’s board is locked in complex negotiations to become a for-profit company, struggling to determine the price of Microsoft’s stake in the start-up while holding talks to value its newly formed ...
Salesforce CEO Marc Benioff said that the two AI leaders, Sam Altman and Mustafa Suleyman do not care for each other.
US President Donald Trump announced that OpenAI, SoftBank Group and Oracle will unveil Stargate and invest $500 billion over ...
U.S. President Donald Trump on Thursday dismissed criticism from close ally Elon Musk about a $500 billion artificial ...
OpenAI, SoftBank Group, Abu Dhabi, and Oracle are among the players in a joint venture meant to pour hundreds of billions more into AI data center funding.
Morgan Stanley (NYSE:MS) reiterated its Equal-weight rating on Softbank (OTC:SFTBY) Group Corp. (9984:JP) (OTC: SFTBY) and maintained a price target of JPY9,000.00. The firm also highlighted Softbank ...
The president is surrounded by the leaders of the richest and most powerful companies in history — but their dominance may yet be checked ...
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