Stargate is test of SoftBank financial engineering
Stargate, the $500 billion data-centre project led by OpenAI and SoftBank Group , is named after science fiction. That’s apt ...
Financial Advisor13d
Larry Ellison Joins The Billionaires Reshaping Florida Real Estate
Then a new cadre of wealthy residents arrived — with none making a bigger splash than Larry Ellison. The Oracle ... Softbank Group Corp. and OpenAI, where the president called him “an amazing ...
Nikkei Asia4d
SoftBank Group eyes $1tn U.S. plan for AI robot industrial parks
The Japanese tech investor could commit to about $1 trillion in such investments, significantly more than the $500 billion AI ...
SoftBank to Buy Ampere, a Silicon Valley Chip Start-Up, for $6.5 Billion
The move is a bet that Ampere’s chips can begin playing a significant role in data centers for creating artificial ...
Washington Examiner22d
White House seethes over ‘stab in the back’ by OpenAI chief Sam Altman
In his first move on his first full day back to the White House, he hosted the IT chiefs anchoring the project, SoftBank CEO Masayoshi Son, Oracle co-founder Larry Ellison, and OpenAI CEO Sam ...
DatacenterDynamics5d
Oracle to build cluster of 30,000 AMD MI355X GPUs
Oracle has signed an agreement with AMD to develop a cluster of 30,000 AMD MI355X GPUs. The company revealed that it had ...
FedScoop28d
FAA has an agreement for OpenAI technology
President Trump speaks in the Roosevelt Room flanked by Masayoshi Son, chairman and CEO of SoftBank, Larry Ellison, executive charmain of Oracle, and Sam Altman, CEO of OpenAI, at the White ...
SoftBank Group Agrees to Lead $40 Billion Funding for OpenAI
SoftBank Group has agreed to lead a funding of up to $40 billion in a for-profit subsidiary of OpenAI, valuing the ChatGPT ...