Trump Announces Project Stargate, a Massive New Investment in AI
On the second day of his second presidency, Donald Trump announced the creation of a joint venture with OpenAI, Softbank, and Oracle to build large-scale AI data centers in the United States. The new company, named Stargate, will be funded with a $100 billion initial investment, which could grow to $500 billion within the next four years.
The project will entail a joint venture between Oracle, Open AI and Softbank with the promise of investing nearly $500 ...
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to ...
Altman said that a project like Stargate might not have been possible with "a different president." ...
Will Nvidia become part of the “Trump trade?” Melius Research says the new Stargate joint venture may signal more AI-friendly moves ahead and help the company’s long-term growth.
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint ...
Quantum computing stocks popped Tuesday, Jan. 21 in response to President Donald Trump’s newly announced Stargate program. The joint venture between Oracle (ORCL), SoftBank (SFTBY), and OpenAI is ...
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Microsoft will no longer be the exclusive provider of new cloud computing capacity to OpenAI — a new twist in their relationship that clears the way for OpenAI to work with Oracle and others on the ...
Key Takeaways Oracle shares soared Wednesday for the second straight session as investors reacted to news that the enterprise ...
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