It could be one of the biggest private computing infrastructure projects in history — or a disaster.
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
This follows the announcement of Stargate, a $500 billion initiative by SoftBank, OpenAI, and Oracle aimed at keeping the U.S ...
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
This is a massive head start, and cultural symmetry that seemed to make American AI predestined. Open AI is backed by a US$14 billion investment from Microsoft, and has access to the cloud ...
But WeWork's valuation plummeted amid its failed ... Son joined OpenAI's Sam Altman, Oracle's Larry Ellison, and Trump to announce the planned private-sector investment. The president said the ...
Trump called the joint venture - known as Stargate - "a new American company that will invest $500 billion at least in AI infrastructure in the United States," promising that it will create more than ...
A previous version of this story referred to Larry Ellison by the wrong title ... chunk of that capital expenditure was plowed into WeWork, the co-working provider that eventually filed for ...
In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, ...
SoftBank is in talks to invest up to $25 billion in OpenAI, potentially surpassing Microsoft as its largest investor, as ...