DeepSeek threat? Softbank, Advantest, other Japanese tech stocks sink up to 10%
Shares of Japanese chip-related firms were feeling the heat on Monday. Today’s slump comes as Chinese AI startup DeepSeek gained traction with its updated AI model, raising fears about potential challenges to US technological dominance.
SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump
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.
Trump’s AI Push: Understanding The $500 Billion Stargate Initiative
The $500 billion Stargate Initiative — led by Trump, OpenAI, SoftBank, and Oracle — is set to revolutionize U.S. AI infrastructure.
What is Project Stargate? Why this $500-billion AI initiative could herald a 'platform shift'
OpenAI, SoftBank Group, Abu Dhabi, and Oracle are among the players in a joint venture meant to pour hundreds of billions more into AI data center funding.
Trump's $500 billion AI investment has graphic designers conflicted
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Trump’s big AI goals start small: 57 jobs at a Texas data center
About 875 acres in Abilene, or roughly the size of New York’s Central Park, have been set aside to construct data centers, according to city documents seen
Trump highlights partnership investing $500 billion in AI
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.
New details emerge about Project Stargate as Meta discloses $60B+ AI investment
OpenAI, SoftBank Group Corp. and Oracle Corp. unveiled Project Stargate during a Tuesday press briefing at the White House. The companies intend to build an expansive network of data centers that will be optimized to run AI workloads. OpenAI will be the sole user of the data centers, the Financial Times’ sources said.
Inside Stargate’s AI Reality Distortion Field
The details of Stargate Project involve a collision of money, politics, and egos—with many potential conflicts down the road.
Trump's Stargate AI project backed by OpenAI, Oracle, and SoftBank is taking shape: Here's what we know
Trump announced a $500 billion project called Stargate backed by SoftBank, Oracle, and OpenAI. The details of this project have
Meta to spend up to $65B on massive AI data center: ‘Defining year for artificial intelligence’
Zuckerberg expects Meta’s AI assistant — available across its services, including Facebook and Instagram — to serve more than 1 billion people in 2025.
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Musk questions whether $100B AI venture backers have the money
Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White House to announce the venture, dubbed Stargate, which they said would deploy $100 billion immediately with the goal of eventually spending $500 billion for the construction of data centers and physical campuses.