Trump’s AI Push: Understanding The $500 Billion Stargate Initiative
The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.
SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports
SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.
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Musk questions whether $100B AI venture backers have the money
Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White ...
Trump highlights partnership investing $500 billion in AI
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new ...
AI Joint Venture: US Announces Project Will Provide $500 Billion for Infrastructure
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
Government Technology16h
Trump Announces Billion-Dollar Strategic AI Investment
On his second day in office, President Donald Trump unveiled a joint, private-sector venture to fund billions of dollars in U ...
EconoTimes10h
SoftBank and OpenAI Lead $19B Investments in Stargate AI Initiative
SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative ...
Tech firms in Trump's AI Stargate venture have touted DEI programs, clashing with new executive order
President Trump has announced a major AI initiative called "Stargate" -- but the firms involved have DEI policies that go ...
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports
The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing ...
Japanese Stocks close Higher Amid U.S. AI Hope, Netflix Earnings
Japan's Nikkei Stock Average rose 0.8% to close at 39958.87 amid risk-on sentiment. "Equities worldwide continued to ride on ...
Nvidia Stock Investors Just Got Fantastic Artificial Intelligence (AI) News From President Trump
On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial ...
Beyond Oracle and Nvidia, these stocks and sectors can benefit from the Stargate AI venture
As news trickled out about President Trump’s announcement of a new $500 billion Stargate joint venture focused on artificial-intelligence infrastructure, some potential beneficiaries emerged.