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OpenAI, Oracle and SoftBank to launch new AI venture
Project Stargate: A $500 Billion Venture Between Oracle, Open AI, Nvidia & Softbank That Will Revolutionize Healthcare
The project will entail a joint venture between Oracle, Open AI and Softbank with the promise of investing nearly $500 billion into artificial intelligence infrastructure over the next four years. Other partners also include Nvidia, Microsoft and ARM— companies that have all been paramount to the significant AI boom in recent years.
Trump Announces $500B AI Joint Venture With Oracle, OpenAI, and SoftBank
Key Takeaways President Trump on Tuesday announced a joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.The companies said they would commit $100 billion to start, and as much as $500 billion over the next four years toward the initiative,
Oracle stock climbs 7% as Trump is expected to announce its joint AI venture with OpenAI and Softbank
Oracle (ORCL) stock closed up by more than 7% on Tuesday amid reports of a joint venture with OpenAI and Softbank (SFTBY).
13h
on MSN
‘Big Money and High Quality People’: Stargate Joint Venture to Invest in U.S. AI Infrastructure
Trump lauded the up to $500 billion partnership with OpenAI, Oracle, and SoftBank to build out data centers and electricity ...
16h
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 ...
17h
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.
16h
Trump says he will delay TikTok ban, suggests a joint venture with US ownership
TikTok went dark for users in the U.S. on Saturday night, but it may not be gone for long. President-elect Donald Trump ...
1d
on MSN
Trump announces 50% joint venture plan to revive TikTok
In a Sunday post on Truth Social, Trump asked companies "not to let TikTok stay dark," saying he will issue an executive ...
23h
on MSN
Legendary Entertainment, Patrick Wachsberger Team on Independent Production and Sales Joint Venture, 193
Legendary Entertainment, the producer of “Dune,” is partnering with Oscar-winning “CODA” producer and veteran media executive ...
Datacenter Dynamics
3h
New Era Helium and Sharon AI finalize joint venture to develop natural gas powered data center in Permian Basin
New Era Helium and Sharon AI have finalized the formation of a 50/50 joint venture to fund, develop, and construct a 250MW ...
2h
Arena Investors, LP Announces Commercial Timberland Joint Venture with Ridge Financial Group
Ridge Financial Group LLC ("RFG"), a leading firm specializing in the acquisition of large hardwood timberland assets, announced today that it has entered into a definitive agreement with funds ...
15h
on MSN
Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint ...
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