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SoftBank and OpenAI Set up Joint Company to Push AI Services
SoftBank commits to joint venture with OpenAI, will spend $3 billion per year on OpenAI's tech
SoftBank has committed to spending $3 billion per year for itself and its subsidiaries to use OpenAI's tech, according to a joint announcement on Monday. The two also announced a new joint venture, billed as "SB OpenAI Japan,
SoftBank and OpenAI set up joint company to push artificial intelligence services
TOKYO (AP) — Japanese technology giant SoftBank Group and OpenAI stepped up their AI partnership Monday, setting up a 50-50 held company called SB OpenAI Japan. SoftBank Chief Masayoshi Son and OpenAI Chief Sam Altman appeared at an event in Tokyo, talking up their collaboration and inviting Japanese companies to join.
Trump Announces $500B AI Joint Venture With Oracle, OpenAI, and SoftBank
President Trump on Tuesday announced a $500 joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.
3d
OpenAI in talks to raise up to $40B that would value ChatGPT owner at $340B: report
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
5d
on MSN
President Donald Trump and OpenAI CEO Sam Altman Just Delivered Fantastic News for Oracle Investors
For much of the 2010s, Oracle (NYSE: ORCL) stock went nowhere as the legacy tech giant struggled to deliver growth and fell ...
TechCrunch on MSN
12d
OpenAI teams up with SoftBank and Oracle on $500B data center project
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
2d
on MSN
AI war enters next battle: After OpenAI, now Oracle launches AI agents; here's all about what it can do
Oracle has recently launched new AI agents, signaling a new chapter in the ongoing race to lead the artificial intelligence ...
2d
on MSN
OpenAI could be worth as much as TikTok owner Bytedance with SoftBank's latest investment
SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after ...
11d
on MSN
Musk Bashes Trump’s New Stargate AI Initiative With OpenAI And Oracle As ‘Fake’—Here’s Why
Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.
Network World
12d
OpenAI, SoftBank, Oracle lead $500B Project Stargate to ramp up AI infra in the US
The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 ...
2d
OpenAI's $100 Billion Texas Stargate Data Center Will Reportedly Employ Just 57 People With $57,600 Annual Salaries
OpenAI is making big moves with its $100 billion Stargate project. Still, despite its massive price tag, the first data center planned for Abilene, Texas, is raising eyebrows about how few people it ...
3d
Report: OpenAI could double valuation to $340B with new $40B funding round
OpenAI is seeking to raise up to $40 billion in new funding at a valuation of $340 billion, the Wall Street Journal reported ...
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