Company created to invest in US-based AI infrastructure for OpenAI is backed by SoftBank, OpenAI, Oracle, and MGX.

A group of companies including OpenAI and SoftBank on Tuesday said they would commit $100 billion to artificial-intelligence infrastructure and as much as to $500 billion in the next four years. Their ...

Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the ...

OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment ...

Shares of Arm Holdings ( ARM 14.28%) are soaring Wednesday. The stock is up 14.5% as of 11:50 a.m. ET, gaining as much as ...

Oracle stock is higher Wednesday after President Trump announced the $500 billion AI-focused Stargate Project. Here's what ...

Donald Trump made a symbolic mark on the future of artificial intelligence by repealing Joe Biden’s guardrails ...

Artificial intelligence stocks are jumping in morning trading after President Trump announced a $500 billion AI ...

Shares of Oracle ( ORCL 6.97%) are flying higher on Wednesday. The company's stock is up 6.4% as of 11:20 a.m. ET, but gained ...

Under the Trump administration, OpenAI and other members of the tech sector are making a push to establish AI dominance in ...

OpenAI, Softbank and Oracle will join forces to create Stargate, a new company investing $500 billion in AI infrastructure.