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

A group of companies including OpenAI and SoftBank on Tuesday said they would commit $100 billion to artificial-intelligence infrastructure and as much as to $500 billion in the next four years. Their ...

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 ...

Shares of Arm Holdings ( ARM 14.28%) are soaring Wednesday. The stock is up 14.5% as of 11:50 a.m. ET, gaining as much as ...

Anthropic Chief Executive Officer Dario Amodei expressed skepticism about the financing for rival OpenAI’s $500 billion ...

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

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

The S&P 500 Index ($SPX) (SPY) today is up +0.69%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.13%, and the Nasdaq ...

Major tech companies have launched the $500 billion 'Stargate' project to advance AI infrastructure in the US, creating 100,000 jobs.

Netflix, Oracle and other technology stocks are lifting U.S. indexes as their profits pile higher and excitement builds ...