Stargate Artificial Intelligence Project to Exclusively Serve OpenAI, FT Reports
(Reuters) - Stargate, the joint venture by OpenAI, SoftBank and Oracle to develop data centers for artificial intelligence in the U.S., will exclusively serve ChatGPT maker OpenAI, the Financial Times ...
Trump Proves Musk Is Still ‘First Buddy’ After Torching Mega AI Deal
Billionaire DOGE director Elon Musk has lost favor among President Donald Trump’s allies after publicly trashing a $500 billion artificial intelligence venture. Unveiled by President Trump on Tuesday ...
Asia Firms’ Profit Outlook at Dimmest vs. World Peers Since 2009
Investors hoping for earnings to revive Asian stocks may be in for a let-down as upcoming results are likely to show companies were having a tough time even before Donald Trump took office.
American Banker2h
Trump ditched Biden's executive order on AI. What changes?
On Monday, when President Donald Trump revoked the Executive Order on Artificial Intelligence former President Joe Biden established in October 2023, it was truly gone. Any attempt to click on a link ...
Donald Trump Waves Off Criticism From Elon Musk On $500 Billion AI Project
US President Donald Trump announced on Tuesday that ChatGPT's creator OpenAI, SoftBank, and Oracle are planning a joint ...
Trump Waves off Criticism From Elon Musk on AI Announcement
WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday dismissed criticism from close ally Elon Musk about a $500 ...
NuScale, Oklo and Other Nuclear Stocks Soar on Anticipation of AI's Growing Energy Needs
Nuclear energy stocks roared higher Thursday, extending gains earlier in the week amid expectations of growing energy demand ...
Trump says he will ‘demand’ that interest rates come down, but it won’t be that simple
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.
Trump’s $500 billion AI moonshot: Ambition meets controversy in ‘Project Stargate’
Trump unveils ambitious $500 billion 'Project Stargate' AI initiative with tech giants OpenAI, Oracle, and SoftBank, sparking controversy as Elon Musk questions funding and environmentalists raise ...
The Information3h
Why Sam Altman Joined Forces With Larry Ellison and Took a Step Back From Microsoft
As 2024 was drawing to a close, OpenAI CEO Sam Altman faced two major problems. He wasn’t getting enough server capacity from Microsoft, his company’s biggest backer, to stay ahead of rivals ...
Texas to host Stargate data center
The joint venture of Softbank, OpenAI and Oracle, will build power generation equipment for artificial intelligence systems on a 875-acre site the size of New York City’s Central Park.
OpenAI and SoftBank are reportedly putting $19B each into Stargate
We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, OpenAI's massive data center project.