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SoftBank Concedes Stargate Project With OpenAI Needs More Time
SoftBank Group Corp. said it’s taking longer than anticipated to get Stargate off the ground, conceding for the first time that the $500 billion artificial intelligence tie-up in the US with OpenAI is bogging down.
SoftBank Group swings to profit in first quarter, Stargate timeline delayed
By Anton Bridge TOKYO (Reuters) -Japanese technology investor SoftBank Group on Thursday booked a net profit of $2.87 billion in the first quarter, driven by gains among larger listed investments in its Vision Fund portfolio.
SoftBank Group Posts Quarterly Profit on Tech Funds Recovery
The Japanese technology investment company recorded a first-quarter net profit thanks partly to a recovery in its tech funds business.
SoftBank Group swings to profit in first quarter on market enthusiasm for tech stocks
Japanese technology investor SoftBank Group on Thursday booked a net profit of $2.87 billion in the first quarter, driven by gains among larger listed investments in its Vision Fund portfolio.
SoftBank Group posts $2.87 billion net profit in first quarter
By Anton Bridge TOKYO (Reuters) -Japanese technology investor SoftBank Group logged a net profit of 421.8 billion yen ($2.87 billion) for the April-June quarter. The result compared with a net loss of 174.
SoftBank Group Expected to Post First-Quarter Net Profit -- Earnings Preview
First-quarter revenue is estimated to have risen 6.1% from a year earlier to Y1.806 trillion, according to the Quick poll. The stock has risen 35% year-to-date t

Trump's AI vision takes shape as Oracle and OpenAI expand massive Stargate infrastructure project

Oracle and OpenAI expand Stargate project with 4.5 gigawatts of data center capacity, part of a $500 billion U.S. AI ...

SCOOP: Trump admin, OpenAI partner to unleash artificial intelligence on federal government

GSA announces OpenAI partnership bringing ChatGPT to federal workforce at nominal cost, supporting Trump administration's ...
The Tech Report1d

OpenAI, Oracle Strike Lease Deal to Generate 4.5 GW of Computing Power

OpenAI's $30B/year deal with Oracle aims to boost computing power for Stargate by 4.5 GW. Discover the potential winners and ...

OpenAI and partners are building a massive AI data center in Texas

On Tuesday, OpenAI announced a partnership with Oracle to develop 4.5 gigawatts of additional data center capacity for its ...

Stargate is back on - OpenAI and Oracle unveil massive data center expansion plans in major AI push

OpenAI confirms Project Stargate is still on, and its first site, Stargate I, is already partly operational in Abilene, Texas ...

OpenAI partners with Oracle to develop 4.5 more gigawatts of data center capacity

In addition to the 4.5 gigawatts of capacity announced today, Oracle is responsible for building one of OpenAI’s Texas data ...
RCR Wireless News14d

Oracle, OpenAI add 4.5 GW of Stargate AI capacity

OpenAI noted that the expansion is expected to create over 100,000 jobs across construction, operations, manufacturing, and ...

OpenAI expands Oracle data center deal, says parts of Stargate 1 in Texas are operational

Stargate is a joint venture between OpenAI, Oracle and Softbank that aims to invest up to $500 billion in AI infrastructure in the U.S.

OpenAI challenges rivals with Apache-licensed GPT-OSS models

The release marks a break from closed systems, offering enterprises customizable, high-performance AI without vendor lock-in.

For the first time, OpenAI models are available on AWS

This is a juicy competitive move for both companies after AWS faced an onslaught of criticism over its progress with AI.
Investor's Business Daily on MSN17h

Amazon's First Link-Up With OpenAI Wins Cheers On Wall Street

Amazon 'sAMZN first official linkup with ChatGPT creator OpenAI is garnering positive Wall Street analyst buzz — even if it's ...