Jan 21, 2025 · The Stargate Project is a new company which intends to invest $500 billion over the next four years building new AI infrastructure for OpenAI in the United States. We will begin deploying $100 billion immediately. This infrastructure will secure American leadership in AI, create hundreds of thousands of American jobs, and generate massive economic benefit for the entire world. This project ...

Jan 21, 2025 · Oracle stock was the most notable winner from the stock market’s first day of trading during President Donald Trump’s second term as Trump unveiled a $500 billion artificial intelligence ...

Stargate, which also includes Oracle ORCL -1.21% and the United Arab Emirates investment fund MGX, intends to invest as much as $500 billion in AI data centers for use by OpenAI over the next four ...

As Oracle (ORCL) joins the Stargate Project, a new $500B AI infrastructure initiative, are there risks to Microsoft (MSFT) - OpenAI partnership. Read more here.

Jan 21, 2025 · OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.

Jan 21, 2025 · OpenAI, SoftBank (9984.T), and Oracle (ORCL.N) will form a joint venture called Stargate, with a plan to invest $500 billion, Trump said at the White House.

Jan 21, 2025 · Trump Announces $100 Billion A.I. Initiative OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.

Jan 21, 2025 · Microsoft won't be the sole cloud provider for OpenAI but can decide whether to deliver the capacity or allow another company to do it.

Jan 21, 2025 · (Bloomberg) -- SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald ...

Jun 11, 2024 · Oracle, Microsoft, and OpenAl are partnering to extend the Microsoft Azure Al platform to Oracle Cloud Infrastructure (OCI) to provide additional capacity for OpenAl. OpenAI is the AI research and development company behind ChatGPT, which provides generative AI services to more than 100 million users every month.