The Zephyr HAPS has now begun flight operations out of AALTO's recently established ‘AALTOPORT' in Kenya. (AALTO) Airbus Defence and Space (DS) subsidiary company AALTO has begun flight ...
SoftBank CEO Masayoshi Son has been a champion of AI for years. The Japanese conglomerate has invested millions in some of Silicon Valley's biggest tech companies. Son joined OpenAI and Oracle to ...
(Bloomberg) -- 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 Administration unveils $500B "Stargate" AI venture with OpenAI, SoftBank, Oracle, and MGX, starting with 10 Texas data centers. SoftBank leads funding for Stargate, OpenAI handles operations ...
A report from The Information says that OpenAI and SoftBank will each give $19 billion to the Stargate project. The outlet cites OpenAI CEO Sam Altman himself during a conversation with colleagues.
Responding to a post from OpenAI about the project, he wrote, "They don’t actually have the money," adding, "SoftBank has well under $10B secured." A person familiar with Stargate refuted Musk's ...
On January 21, 2025, President Trump, Softbank, OpenAI, Oracle and MGX announced details of the Stargate project, with an initial commitment of $100 billion and plans to invest up to $500 billion over ...
Oracle is a natural partner as it is already one of the biggest data center operators in the U.S., while SoftBank has the money required to finance ambitious infrastructure projects. OpenAI ...