SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal which would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a massive new artificial intelligence infrastructure project.
SoftBank Group CEO Masayoshi Son is shifting his focus away from investments in China and toward the US, as seen with his involvement with President Donald Trump and the recently announced Stargate.
Shares of SoftBank Group Corp. jumped as much as 8.1% after US President Donald Trump announced a multi-billion dollar push by the Japanese company, OpenAI and Oracle Corp. to build AI infrastructure in the US.
The following is adapted from Gambling Man, my new biography of Masayoshi Son. As the Japanese founder and CEO of SoftBank ... boss of the Oracle software group and a fellow Japanophile.
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.
The president said it will be the largest AI infrastructure ever built and that it will help counter technology threats from China and other countries.
U.S. President Donald Trump announced on January 21 that Japan's SoftBank Group, Open AI and Oracle will together
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
(From left to right) Donald Trump with co-founder and executive chairman of Oracle, Larry Ellison, CEO of SoftBank Group, Masayoshi Son, and CEO of OpenAI Sam Altman. | Credit: Getty Images "The ...
US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.
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