Oracle stock jumped 6% on a report that Trump plans to announce billions of dollars in private sector investment to build artificial intelligence infrastructure in the US.
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
He doesn’t sound intimidated, after giving to Trump’s inaugural.
AI initiative Stargate, backed by Oracle, OpenAI, and SoftBank, will focus on infrastructure, starting with data centers in Texas.
President Donald Trump was joined by the CEOs of Softbank, OpenAI and Oracle to announce a major private artificial intelligence infrastructure investment.
GoFundMe, the crowdfunding website where people can quickly raise money to help others, has generated more than $100 million for those impacted by the Los Angeles wildfires. The sum, pledged in the wake of the fires that erupted on Jan.
President Trump is set to announce billions of dollars in private sector investment to build artificial intelligence infrastructure in the
OpenAI CEO and co-founder Sam Altman clapped back at two Democratic senators’ inquiry into his $1 million personal donation to President-elect Trump’s inaugural fund, quipping Friday
Over the past two years, the Biden administration struck a careful balance on artificial intelligence. The White House took steps to ensure the US stayed ahead of China in developing the technology while also trying to address some of AI’s many potential risks.
Trump revealed that OpenAI, SoftBank (TYO: 9984) Group (SBG), and Oracle (NYSE: ORCL) are partnering on a joint venture (JV) called Stargate, which he said will develop data centers and generate over 100,000 jobs across the US.
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.