SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, ...
SoftBank Group (SFTBY), led by CEO Masayoshi Son, is making pivotal moves in artificial intelligence (AI). The Japanese tech ...
Billionaire Frank McCourt said Reddit (NYSE:RDDT) co-founder Alexis Ohanian has joined his bid to buy TikTok U.S. He will be ...
On Tuesday, Jan. 21, Trump announced at the White House that SoftBank, OpenAI, and Oracle (NYSE: ORCL) are forming a joint venture that plans to invest $100 billion in AI infrastructure.
Shortly after his inauguration on Jan. 20, President Donald Trump hosted an event at the White House that featured some of the biggest names in the technology industry. OpenAI CEO Sam Altman ...
For one, the $500 billion investment commitment matches the pledged amount of the Stargate initiative, through which companies like SoftBank Group Corp. (JP:9984) and Oracle Corp. (ORCL ...
Trump unveiled the initiative with executives of Oracle Corp. and OpenAI at the White House. Larry Ellison, co-founder and chief technology officer of Oracle (NYSE: ORCL), mentioned the project ...
The White House, I can imagine ... the president -- or the statute required that Oracle (ORCL), Apple, and Google, the infrastructure of TikTok in the US, turn TikTok off. But they have agreed ...
In fact, economics of the recently announced $500 billion Stargate project involving Oracle (ORCL), OpenAI ... and while positive action from the White House may now be unlikely, individuals ...