· 2h · on MSN
SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump
· 8h
Trump unveils AI investment plan with OpenAI, Softbank, Oracle
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.
The president said it will be the largest AI infrastructure ever built and that it will help counter technology threats from China and other countries.
EFishery Pte, one of Indonesia’s most prominent startups, may have inflated its revenue and profit over several years, according to an internal investigation triggered by a whistleblower’s claim about the company’s accounting.
Trump was joined by Oracle founder Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son, who said the investment would start with $100 billion, plus a goal of $500 billion over the course of four years.
Kyodo News on MSN7m
Tokyo stocks surge on firm chip shares led by SoftBank GroupTokyo stocks ended sharply higher Wednesday, driven by gains in semiconductor-related shares following news that SoftBank Group will
OpenAI, Oracle, and SoftBank will create a venture named Stargate, with President Trump calling it "the largest AI infrastructure project in history."
Shares in Japanese tech behemoth SoftBank Group soared more than eight percent on Wednesday after US President Donald Trump announced a major investment to build AI infrastructure.
Kyodo News on MSN3h
Tokyo stocks sharply higher in morning as SoftBank Group soarsTokyo stocks were sharply higher Wednesday morning, led by rises in SoftBank Group following news it would be part of a massive artif
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Two weeks before taking office, Trump announced a $20 billion investment from Dubai-based billionaire Hussain Sajwani for new data centers across the US.
While it’s early days, US-China relations are off to a better-than-feared start after Trump returned to the White House. The US president said he is considering a 10% levy in retaliation for the flow of fentanyl from the country,
SoftBank, OpenAI, and Oracle are launching a $500 billion joint venture named Stargate to fund AI infrastructure in the U.S. The initiative, praised by President Trump, aims to deploy $100 billion immediately for projects like data centers and cancer research.
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