SoftBank is in talks to invest as much as $25bn into OpenAI. The deal would make it the start-up’s biggest financial backer. At the same time, the two companies are also partnering on a separate massive AI infrastructure project. Here to explain what all this says about SoftBank’s AI ambitions is the FT’s Arash Massoudi. Hi, Arash.
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.
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.
Sam Altman, the CEO of OpenAI ... In announcing Stargate—which also involves SoftBank Group, Oracle Corp. and MGX and is backed by a $500 billion investment over four years—Oracle Chair ...
Elon Musk asked a judge to block OpenAI's attempt to transition from nonprofit to for-profit. It's not the first time he's feuded with CEO Sam Altman.
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
OpenAI chief executive Sam Altman has welcomed the debut of DeepSeek’s R1 model and has promised to deliver better AI models. The Chinese artificial intelligence start-up that rocketed to global prominence has delivered an “impressive model, particularly around what they’re able to deliver for the price,” Altman wrote.
Three major business leaders—SoftBank Group CEO Masayoshi Son, OpenAI CEO Sam Altman and Oracle Corp. Chairman Larry Ellison—joined President Donald Trump on Tuesday afternoon at the White ...
The $500 billion Stargate Initiative — led by Trump, OpenAI, SoftBank, and Oracle — is set to revolutionize U.S. AI infrastructure.
President Trump and Elon Musk aren’t an exclusive item. That point was clear this week when the president welcomed OpenAI Chief Executive Sam Altman to the White House on the second day of Trump 2.0—a visit that left “First Buddy" Musk publicly fuming.