According to The Information, OpenAI and SoftBank each committed to invest $19 billion in the Stargate data center joint venture project, and OpenAI will actually hold a 40% stake in the joint venture.
Today, the three co-founders and CEOs of OpenAI, SoftBank, and Oracle, Sam Altman, Masayoshi Son, and Larry Ellison, attended a live press conference hosted by Trump. Trump announced that SoftBank, OpenAI, and Oracle jointly established a new AI company, Stargate, which will invest $500 billion in the next four years. $100 billion will be invested immediately to build AI infrastructure. Stargate's initial equity investors include SoftBank, OpenAI, Oracle and MGX. SoftBank and OpenAI are Stargate...
US President Trump announced at the White House on the 21st that Japan's SoftBank Group, the US Open Artificial Intelligence Research Center and the US Oracle Corporation will invest 500 billion US dollars to build infrastructure to support the development of artificial intelligence (AI) in the United States. Speaking at the White House on the same day, Mr. Trump said the three companies had joined forces on a project called Stargate to build data centres in the US to support the development of ...
According to CNBC, OpenAI has received a new $1.50 billion investment from SoftBank, allowing employees to sell shares through a tender offer.
According to CNBC, OpenAI received a new $1.50 billion investment from SoftBank, allowing employees to sell shares through a tender offer.
According to Nvidia, SoftBank Group has made great achievements in technology by working closely with Nvidia to develop a new type of telecom network that can run both AI and 5G workloads, known in the industry as the artificial intelligence radio access network (AI-RAN). Through outdoor trials in Kanagawa Prefecture, SoftBank Group demonstrated that its NVIDIA accelerated AI-RAN solution has achieved carrier-grade 5G performance and is able to use the excess capacity of the network to run AI in...
SoftBank and Apollo have discussed setting up a large fund to invest in data centers, chip factories and other artificial intelligence projects. The two sides have discussed setting up a fund with a size of more than $20 billion, but talks have cooled since the summer and may not come to fruition, people familiar with the matter said. The joint venture fund could involve industry partners, including Arm, the people said. SoftBank has also held talks with other sources of financing, but the talks...
SoftBank's share price broke through its highest closing level in history.
According to market news, SoftBank will support artificial intelligence startup Perplexity at a valuation of $3 billion.
The "AI revolution" proposed by Masayoshi Son, chairperson and president of Japan's SoftBank Group (SBG), has begun. SoftBank Group plans to use AI semiconductors as a breakthrough to expand its business to data centers, robotics, power generation and other industries. It is expected that the maximum investment can reach 10 trillion yen (about 464.09 billion yuan). Microsoft and others in the United States are also making huge investments in the AI field, showing the pattern of global tech giant...