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OpenAI, SoftBank to each commit $19B to Stargate Project

OpenAI, SoftBank to each commit $19B to Stargate Project: report

OpenAI and SoftBank (OTCPK:SFTBY) will commit $19B each to the artificial intelligence-focused Stargate Project, The Information reported. The four initial partners — OpenAI, SoftBank, Oracle (NYSE:ORCL) and MGX — will commit roughly $45B in total,

Business Insider · 18h

OpenAI’s Stargate represents shift away from Microsoft, WSJ reports

Microsoft’s (MSFT) absence from OpenAI’s Stargate announcement follows months of tension between the two companies and signals an era where the

Reuters · 3h

Stargate artificial intelligence project to exclusively serve OpenAI, FT reports

Stargate, the joint venture by OpenAI, SoftBank and Oracle to develop data centers for artificial intelligence in the U.S., will exclusively serve ChatGPT maker OpenAI, the Financial Times reported on Thursday.

Donald Trump, AI and Oracle

Reuters · 2d

OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says

President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure.

U.S. News & World Report · 2d

OpenAI, SoftBank, Oracle to Invest $500 Billion in AI, Trump Says

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. Trump said he will help facilitate the project with emergency orders.

HuffPost · 1d

Trump Highlights Partnership Investing $500 Billion In AI: 'It's Big Money'

President Donald Trump announced a joint venture Tuesday with OpenAI, Oracle and SoftBank of up to $500 billion for infrastructure tied to artificial intelligence.

EconoTimes2h

OpenAI, SoftBank, and Oracle Unite for Exclusive AI Data Centers in the U.S.

Stargate, a groundbreaking joint venture by OpenAI, SoftBank (TYO:9984), and Oracle (NYSE:ORCL), is set to transform the artificial intelligence landscape with exclusive data centers in the U.S. These ...

3hon MSN

Oracle Corporation (ORCL): Cantor Fitzgerald Initiates Coverage with $214 Target Amid AI-Driven Data Center Expansion

We recently compiled a list of the Top 12 Trending AI Stocks on Latest News and Ratings. In this article, we are going to ...

Oracle's AI Moonshot: Why Project Stargate Could Propel ORCL Stock Higher

Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison ...

Microsoft relaxes data center grip on OpenAI amid $500 bln joint venture

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint ...

Money Morning8h

3 Stocks to Buy After Trump’s Stargate Announcement

The impact of this deal on the stock market has been quite bullish, especially for AI-related companies and those involved in the deal. Arm Holdings ( NASDAQ:ARM) is up over 12% since the deal and ...

1don MSN

Why Nvidia, Microsoft, Oracle, Arm, and Other AI Stocks Are Surging Wednesday

Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s ...

16h

Oracle: Time To Bet Big On $500 Billion Stargate Stardom

Oracle stock took off as President Trump announced the Stargate AI infrastructure project. Read why I maintain my buy rating for ORCL stock.

18h

Musk undermines Trump’s Stargate AI investment announcement, CNBC reports

Tesla (TSLA) and SpaceX CEO Elon Musk said OpenAI, Oracle (ORCL) and Softbank (SFTBY) “don’t actually have the money” to back up their pledge ...

Micron Technology Shares Are Falling: What's Going On?

MU Price Action: Micron Technology shares closed Thursday down 4.02% at $104.84, according to Benzinga Pro.

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