Company created to invest in US-based AI infrastructure for OpenAI is backed by SoftBank, OpenAI, Oracle, and MGX.

The sharp move came as the S&P 500 and the Nasdaq Composite gained 0.7% and 1.3%, respectively. Oracle is at the heart of ...

Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the ...

OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment ...

OpenAI, Softbank and Oracle will join forces to create Stargate, a new company investing $500 billion in AI infrastructure.

Under the Trump administration, OpenAI and other members of the tech sector are making a push to establish AI dominance in ...

Oracle stock is higher Wednesday after President Trump announced the $500 billion AI-focused Stargate Project. Here's what ...

OpenAI CEO Sam Altman speaks at the White House as a major investment deal between Oracle, SoftBank, and OpenAi is announced ...

After Sam Altman unveiled his ambitious $500 billion "Stargate" AI infrastructure project, Elon Musk took the opportunity to ...

The post Stargate: Artificial Superintelligence in 4 Years? appeared first on Reason.com.

Elon Musk claimed overnight Tuesday that tech giants OpenAI, Oracle and Softbank don’t have enough money to fulfill their ...