At a press conference capping his first full day back in the White House, Donald Trump stood beside three of the most influential executives in the world—Sam Altman of OpenAI, Larry Ellison of Oracle,
The Stargate project, led by OpenAI's Sam Altman - to build the "world's largest AI infrastructure" - was announced by Donald Trump at a special press conference at the White House. Elon Musk, however,
Masayoshi Son, the Japanese tycoon helming U.S. President Donald Trump's big new AI push, is the son of an immigrant pig farmer with a spectacular but also sketchy investment record. Trump's "friend Masa" was born in Japan in 1957 to ethnic Korean parents who scratched a living rearing chickens
The Stargate announcement prompted immediate skepticism over whether it would come to fruition, or represented new spending by the companies.
Last month, Trump announced with SoftBank's Son in Mar-a-Lago that SoftBank would invest $100 billion in US projects over the next four years, creating 100,000 jobs. Those investments will focus on infrastructure that supports AI, including data centers, energy generation, and chips, according to a source.
US President Trump announces Stargate, a new $500 billion joint venture between the private sectors' OpenAI, Oracle, and SoftBank, to boost AI infrastructure in the US.
President Donald Trump spoke with OpenAI CEO Sam Altman by phone on Friday, ahead of the AI infrastructure announcement, CNBC has learned.
Elon Musk openly questioned whether companies that joined President Donald Trump’s announcement promising hundreds of billions of dollars in artificial intelligence infrastructure could follow through on their promises,
US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise return.
The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.
At the White House on Tuesday, SoftBank CEO Masayoshi Son confidently predicted that “artificial superintelligence” will kick off America’s “golden age.” President Donald Trump beamed as Son, OpenAI’s Sam Altman and Oracle’s Larry Ellison announced a $500 billion investment in an American scheme to unlock the potential of super-powerful AI.