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% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.
Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.
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Joint venture Stargate will be building out data centers and beefing up electricity generation to support the fast-evolving ...
Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray ...
Larry Ellison unveiled plans for an AI-driven cancer vaccine system that could deliver personalized treatments within 48 ...
President Donald Trump announced the $500 billion Stargate Project in Texas to advance AI research, starting with a data ...
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new ...
Trump said the private sector joint venture will build data centers and create more than 100,000 jobs in the United States.
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Trump announces $500bn ‘Stargate’ venture to build up AI infrastructureUS president says venture will be the largest AI infrastructure project in history ‘by far’. United States President Donald ...
The president announced a major AI investment project, which Oracle Chairman Larry Ellison said could be used to cure cancer.
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