Good for OpenAI, bad for Musk—just one piece in the race for data, AI, and global power. A glimpse into the future of U.S. regulation.
On the second day of his presidency on Tuesday, Donald Trump announced the Stargate Project, a $500 billion joint venture among OpenAI, Softbank, Oracle, and MGX, to build AI-focused data centres across the US.
Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Officials in Beijing said pension funds and mutual funds would be required to increase purchases of shares,
Asian stock markets are trading mostly higher on Thursday, supported by positive cues from Wall Street overnight. Gains are led by China, where multiple government departments unveiled medium- and long-term investment plans to boost capital market confidence.
President Donald Trump has announced the Stargate initiative, a significant collaboration involving OpenAI, SoftBank, and Oracle, with an initial investment of $100 billion. The project aims to enhance the U.
US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.
PRESIDENT Donald Trump said he would ask Saudi Arabia and other Opec nations to “bring down the cost of oil” and reiterated his threat to use tariffs to bring manufacturing back to the US as he addressed world leaders gathered in Davos on Thursday (Jan 23).
Masayoshi Son, the billionaire founder and CEO of SoftBank, the Japanese media technology conglomerate, is often cast as a dreamer, financial engineer, and speculator. But his career — which has spanned the launch of the personal computer and internet,
A day after his inauguration as US President, Donald Trump unveiled a $100 billion venture to fund artificial intelligence infrastructure, backed by three of the biggest names in tech - OpenAI, SoftBank Group Corp.
The company built a cheaper, competitive chatbot with fewer high-end computer chips than U.S. behemoths like Google and OpenAI, showing the limits of chip export control.
Both the Stargate announcement and the revocation of the AI safeguard Biden had put in place sparked widespread criticism from privacy and security experts.