President Trump on Tuesday announced a joint venture to fund artificial intelligence infrastructure worth billions of dollars with the leaders of Softbank Group Corp., OpenAI LLC, and Oracle Corp., an effort aimed at speeding development of the emerging technology.
President Donald Trump was joined by the CEOs of Softbank, OpenAI and Oracle to announce a major private artificial intelligence infrastructure investment.
President Trump is set to announce billions of dollars in private sector investment to build artificial intelligence infrastructure in the
US President Donald Trump announced that OpenAI, Softbank and Oracle (ORCL.US) will form a joint venture called Stargate with the goal of building AI infrastructure in the US, CBS reported. Trump said that he hopes to retain AI projects within the US and that the US must build power and other facilities swiftly,
Oracle stock jumped after a report that the company is set to invest billions in an AI infrastructure buildout with Trump's backing.
Japanese technology investor SoftBank Group and its majority-owned Arm Holdings are exploring a deal for Oracle -backed semiconductor firm Ampere Computing, a person familiar with the matter said on Wednesday.
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.
US President Donald Trump announced that OpenAI, Softbank and Oracle (ORCL.US) will form a joint venture called Stargate with the goal of building AI infrastructure in the US, CBS reported. Trump said that he hopes to retain AI projects within the US and that the US must build power and other facilities swiftly,
President Trump on Tuesday announced a $500 joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure.
Oracle stock jumped after a report that the company is set to invest billions in an AI infrastructure buildout with Trump's backing.