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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 venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
Trump Announces $500B AI Joint Venture With Oracle, OpenAI, and SoftBank
President Trump on Tuesday announced a $500 joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.
Stargate: Softbank, OpenAI and Oracle’s ambitious $500 billion joint AI pact, explained
SoftBank, OpenAI, and Oracle are launching a $100 billion joint venture to enhance AI infrastructure, with plans to escalate investment to $500 billion. The initiative, supported by President Donald Trump,
Microsoft Relaxes Data Center Grip on OpenAI Amid $500 Billion Joint Venture
Microsoft, along with Nvidia and Arm, will be a "technology partner" in the new venture, but is not listed as an equity funder. SoftBank CEO Masayoshi Son is will be the entity's board chairman, according to a statement from OpenAI posted on social media site X.
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.
7h
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 ...
10h
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 ...
2d
on MSN
President Trump proposes TikTok ‘joint venture,’ where US would own 50%
Trump said he would back "a joint venture" where the U.S. would own TikTok with another partner, though he did not say if ...
10h
Trump announces $500 billion 'Stargate' AI venture headed by Oracle, OpenAI, SoftBank
Oracle stock jumped 6% on a report that Trump plans to announce billions of dollars in private sector investment to build ...
23h
on MSN
Generali and Natixis Ink Asset Management Joint Venture
Generali and the owner of France’s Natixis Investment Managers agreed to jointly create a European asset manager overlooking ...
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 ...
9h
SoftBank Shares Jump After Unveiling $500 Billion Venture With OpenAI
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% ...
Business Times
3h
Microsoft relaxes data centre grip on OpenAI amid US$500 billion joint venture
MICROSOFT on Tuesday (Jan 21) said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a ...
17h
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 ...
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