OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Chairman of Oracle appeared is set to appear at the White House Tuesday afternoon alongside President Donald Trump and other tech CEOs to announce a massive private sector investment in artificial intelligence infrastructure in the United States.
On C3.ai's recent earnings call, CEO Tom Siebel referred to this agreement as "the most significant event of the quarter and perhaps the most significant event in the company's history." Siebel believes this will shorten the company's sales cycles and be a huge catalyst for the business moving forward.
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OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Microsoft India and South Asia president Puneet Chandok said that the company has already trained 2,400,000 Indians since 2024.
In a blog post Thursday, Microsoft said it’s increasing the price of its Microsoft 365 bundle for consumers by $3 a month.
US president says venture will be the largest AI infrastructure project in history ‘by far’. United States President Donald Trump has announced a $500bn joint venture with Texas-based tech firm Oracle, Japan’s SoftBank and ChatGPT-maker OpenAI to advance artificial intelligence infrastructure.
Microsoft, along with Nvidia and Arm, will be a "technology partner" in the new venture, but is not listed as an equity funder. SoftBank CEO Masayoshi Son is will be the entity's board chairman, according to a statement from OpenAI posted on social media site X.
Trump said the private sector joint venture will build data centers and create more than 100,000 jobs in the United States.
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
OpenAI, Oracle, and SoftBank will create a venture named Stargate, with President Trump calling it "the largest AI infrastructure project in history."