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OpenAI, SoftBank and Stargate Project

SoftBank and OpenAI’s $500 Billion AI Project Struggles to Get Off Ground

The Stargate venture, unveiled at a White House event, is now setting the more modest goal of building a small data center by year-end.

Gizmodo · 5h

OpenAI and Softbank’s $500 Billion Data Center Project Is Already Stumbling

The Wall Street Journal reported today that OpenAI and Softbank have not been able to agree on key issues regarding the partnership, including where to build the new sites. The group is now aiming to open a single, smaller data center, likely in Ohio, by the end of the year, according to sources familiar with the matter.

Cryptopolitan on MSN · 10h

SoftBank–OpenAI $500B AI data center project stalls

SoftBank and OpenAI’s partnership on a $500 billion project to build AI data centers stalls six months after launch.

Elon Musk Says 'They Simply Don't' Have The Funding, Doubts Stargate AI

On Tuesday, major artificial intelligence (AI) chip manufacturers, including Nvidia (NASDAQ:NVDA), Advanced Micro Devices ...

SoftBank developing AI agents to make each worker like a ‘thousand-armed deity’

The company's CEO has ambitious plans for AI agents, but many of the company's workers are sure to have concerns.

11hon MSN

Trump's AI vision takes shape as Oracle and OpenAI expand massive Stargate infrastructure project

Oracle and OpenAI expand Stargate project with 4.5 gigawatts of data center capacity, part of a $500 billion U.S. AI infrastructure investment creating over 100,000 jobs.

Inc1y

SoftBank Is Pivoting to AI. Is It Already Too Late? - Inc.com

SoftBank is piling into the generative AI gold rush following years of losses. In 2023, SoftBank reported net losses of 227 billion yen, or $1.46 billion, for the fiscal year ending in March.

Stocktwits on MSN17h

Stargate AI Megaproject Falters? SoftBank, OpenAI, Others Reportedly Scale Back Plans As Elon Musk Mocks Funding Woes Again

Even as deep-pocketed mega-cap tech companies splurge on building data centers, which handle the computational demands of artificial intelligence (AI) technology, the Stargate alliance announced by ...

Cryptopolitan on MSN5d

SoftBank and OpenAI say AI demand is unstoppable

Son has announced that his connection with OpenAI is beyond being viewed as just business partners. He then unveiled the big visions that his company has for OpenAI. According to him, SoftBank plans ...

PCMag on MSN2d

Trump to AI Companies: Want Federal Funds? Your Chatbot Can't Be 'Woke'

Anthropic, Google, OpenAI, and xAI recently secured Defense Department contracts worth up to $200 million. A planned executive order could put those funds in jeopardy if they don't fall in line.

The Japan Times4d

Mizuho partners with SoftBank on AI to boost efficiency

Mizuho will be the first in the financial sector to introduce artificial intelligence that is being developed jointly by ...

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