Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.

It could be one of the biggest private computing infrastructure projects in history — or a disaster.

This follows the announcement of Stargate, a $500 billion initiative by SoftBank, OpenAI, and Oracle aimed at keeping the U.S ...

Trump called the joint venture - known as Stargate - "a new American company that will invest $500 billion at least in AI infrastructure in the United States," promising that it will create more than ...

This is a massive head start, and cultural symmetry that seemed to make American AI predestined. Open AI is backed by a US$14 billion investment from Microsoft, and has access to the cloud ...

In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, ...

US tech giants are in panic mode as Chinese AI lab DeepSeek's latest model surpasses OpenAI’s ChatGPT on Apple’s US App Store ...

SoftBank is in talks to invest up to $25 billion in OpenAI, potentially surpassing Microsoft as its largest investor, as ...

Even so, Mr Ellison remains the world’s fifth-richest man, and Oracle the third-biggest software firm. He has a thing or two ...

Not everyone suffered. While Ellison and Huang lost billions, Mark Zuckerberg walked away $4.3 billion richer, and Jeff Bezos pocketed an extra $632 million. The market doesn't play favorites—it ...

Not everyone suffered. While Ellison and Huang lost billions, Mark Zuckerberg walked away $4.3 billion richer, and Jeff Bezos pocketed an extra $632 million. The market doesn't play favorites—it just ...