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.
OpenAI, SoftBank, Oracle, and MGX Launch The Stargate Project to Invest $500 Billion in US AI Infrastructure
At the core of this initiative is the formation of a new company, The Stargate Project, a joint venture between OpenAI, SoftBank, Oracle, and MGX. Over the next four years, this project will invest an astonishing $500 billion to develop cutting-edge AI infrastructure in the U.S., aiming to secure the country’s leadership in artificial intelligence.
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint ...
Trump was joined by Oracle founder Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son, who said the ...
Kyodo News on MSN1h
Tokyo stocks surge on firm chip shares led by SoftBank GroupTokyo stocks ended sharply higher Wednesday, driven by gains in semiconductor-related shares following news that SoftBank ...
Microsoft has revised key terms in its deal with OpenAI following the latter's joint venture with Oracle and SoftBank to ...
MICROSOFT on Tuesday (Jan 21) said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a ...
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback