The project will entail a joint venture between Oracle, Open AI and Softbank with the promise of investing nearly $500 ...

President Trump on Tuesday announced the creation of a new project to invest up to $500 billion in building the ...

The Stargate Project will focus on building data centres dedicated exclusively to OpenAI as the company continues to expand ...

The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 ...

US President Donald Trump on Tuesday pledged to hit the EU with tariffs, adding that a 10 percent duty on Chinese imports could also come as soon as Feb. 1.

OpenAI has announced 'The Stargate Project,' a new company set to invest $500 billion into AI infrastructure over the next ...

Abu Dhabi’s MGX is a lead partner in the project that includes initial equity funders SoftBank, OpenAI and Oracle ...

Oracle's stock got a boost on Tuesday from reports about the Stargate initiative, and it closed up 7%. The formal announcement for the initiative - which featured Trump at the White House alongside ...

Elon Musk doesn’t miss an opportunity to take a dig at OpenAI — even when the news item in question is supposed to be ...

The joint venture or alliance, called Stargate, "will invest $500 billion, at least, in AI infrastructure in the United States," Trump said.

Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.

President Donald Trump announced the launch of the $500 billion Stargate project, aiming to revolutionize AI infrastructure ...