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OpenAI, SoftBank and Stargate
SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports
SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.
SoftBank and OpenAI Lead $19B Investments in Stargate AI Initiative
SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative focused on AI data centers, The Information reports. OpenAI and SoftBank will each hold a
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports
The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing OpenAI CEO Sam Altman speaking to colleagues. OpenAI and SoftBank did not immediately respond to Reuters' requests for comment.
DeepSeek, AI
What is DeepSeek? The Chinese OpenAI rival sparking chaos in tech markets
DeepSeek, a Chinese startup, has released a free AI assistant that rivals OpenAI's ChatGPT in quality and was reportedly produced for a fraction of the price, throwing the tech industry into a tailspin.
What is DeepSeek, the Chinese AI company upending the stock market?
DeepSeek's AI assistant became the No. 1 downloaded free app on Apple's iPhone store Monday, propelled by curiosity about the ChatGPT competitor. Part of what's worrying some U.S. tech industry observers is the idea that the Chinese startup has caught up with the American companies at the forefront of generative AI at a fraction of the cost.
What Is DeepSeek, the New Chinese OpenAI Rival?
A new Chinese AI model, created by the Hangzhou-based startup DeepSeek, has stunned the American AI industry by outperforming some of OpenAI’s leading models, displacing ChatGPT at the top of the iOS app store,
4d
on MSN
SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump
SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence ...
5d
on MSN
OpenAI teams up with SoftBank and Oracle on $500B data center project
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
5d
OpenAI, Oracle and SoftBank to invest $500B in US AI infrastructure building project
Oracle is a natural partner as it is already one of the biggest data center operators in the U.S., while SoftBank has the ...
3d
on MSN
What does OpenAI get from Stargate? A $500 billion chance to build a whole new moat
OpenAI is focusing on AI infrastructure with Stargate as rivals like China's DeepSeek close the gap on its AI models.
4d
on MSN
Microsoft’s relationship with OpenAI cracked when it hired Mustafa Suleyman, rival Marc Benioff says
Salesforce CEO Marc Benioff said that the two AI leaders, Sam Altman and Mustafa Suleyman do not care for each other.
Fortune India
3h
DeepSeek shockwave: Nvidia, Meta, Microsoft hammered as China's AI challenges U.S. dominance
Tech stocks, including Nvidia and Microsoft, drop as China's DeepSeek AI disrupts the market, raising concerns over U.S.
10h
China's DeepSeek Spurs AI Stock Selloff
DeepSeek, the Chinese artificial-intelligence chatbot, has shocked Silicon Valley with its cost-effective approach—and rattled global tech investors. Shares in Japan’s [SoftBank Group]( ...
2d
Trump’s big AI goals start small: 57 jobs at a Texas data center
About 875 acres in Abilene, or roughly the size of New York’s Central Park, have been set aside to construct data centers, ...
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