Microsoft SoftBank Group

Microsoft, Stargate

Microsoft Poised to Benefit From Stargate JV With Zero Money

When President Donald Trump joined tech executives on Tuesday to tout a multibillion-dollar artificial intelligence project led in part by OpenAI, one question sprang to mind: Where’s Microsoft Corp.?

The Straits Times · 1d

Microsoft poised to benefit from Trump’s $677 billion AI project with zero money

The Stargate joint venture and rejiggered partnership with OpenAI also lets Microsoft offload some AI spending onto rivals. That’s a positive development for a company that has pledged to lavish US$80 billion this fiscal year on capital expenditures and is monetizing those investments at a slower pace than Wall Street would prefer.

Seattle Times · 1d

Microsoft poised to benefit from Stargate venture, with zero money

When President Donald Trump touted a multibillion-dollar artificial intelligence project led in part by OpenAI, one question sprang to mind: Where's Microsoft?

SoftBank Joins OpenAI, Oracle

Hosted on MSN · 1d

SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump

SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.

MarketWatch · 2d

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.

TechCrunch on MSN · 1d

OpenAI teams up with SoftBank and Oracle on $500B data center project

OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.

19hon MSN

Microsoft executive resigns, effective immediately

Microsoft Corporation (NASDAQ:MSFT), the $3.32 trillion tech giant with a "GREAT" financial health score according to ...

Microsoft relaxes data center grip on OpenAI amid $500 bln joint venture

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint ...

13hon MSN

Microsoft’s relationship with OpenAI cracked when it hired Mustafa Suleyman, rival Marc Benioff says

Salesforce CEO Marc Benioff said that the two AI leaders, Sam Altman and Mustafa Suleyman do not care for each other.

Impacts1d

Microsoft Loosens Its Hold On OpenAI’s Data Center

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint ...

devdiscourse2d

Tech Titans Unite: Microsoft, OpenAI, and Oracle's Groundbreaking AI Collaboration

Microsoft has revised key terms in its deal with OpenAI following the latter's joint venture with Oracle and SoftBank to ...

Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint ...

Behind $500 billion AI data center plan, US startups jockey with tech giants

On Tuesday, Trump said that ChatGPT creator OpenAI, SoftBank , Oracle and others will pour up to $500 billion in private capital into a joint venture called Stargate, which he said will build data ...

NextBigFuture5h

How Much Money, GPUs and Gigawatts for Needed for $500 Billion of Stargate AI Data Centers?

There has been the controversial announcement what is called a $500 billion AI project in the USA. There is controversy about how much funding is in the ...

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