SoftBank has committed to spending $3 billion per year to use OpenAI's tech, according to a joint release released on Monday.
Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.
For much of the 2010s, Oracle (NYSE: ORCL) stock went nowhere as the legacy tech giant struggled to deliver growth and fell ...
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Oracle has recently launched new AI agents, signaling a new chapter in the ongoing race to lead the artificial intelligence ...
SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after ...
Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.
President Trump on Tuesday announced a $500 joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the ...
The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 ...
Oracle is a natural partner as it is already one of the biggest data center operators in the U.S., while SoftBank has the ...
OpenAI is seeking to raise up to $40 billion in new funding at a valuation of $340 billion, the Wall Street Journal reported ...
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 ...