From left: Masayoshi Son, chairman and CEO of SoftBank; Larry Ellison, executive chairman of Oracle; and Sam Altman, CEO of OpenAI listen to President Trump speak at the White House on Jan. 21 ...

Emily Bary is a MarketWatch news editor based in New York. Victor Reklaitis Victor Reklaitis is a Washington Correspondent for MarketWatch. During his time at MarketWatch, he also has served in ...

Despite investing almost $14 billion in OpenAI and using the startup’s AI models for its next-generation cloud services, Microsoft was mentioned only as a technology partner in a joint venture called ...

OpenAI and SoftBank did not immediately respond to Reuters' requests for comment. On Tuesday, US President Donald Trump announced that OpenAI, SoftBank Group and Oracle will unveil Stargate and invest ...

Trump said the joint venture, called Stargate, will build data centers and create more than 100,000 jobs in the United States. ChatGPT creator OpenAI, Softbank and Oracle, along with other equity ...

Add articles to your saved list and come back to them any time. One of President Donald Trump’s first announcements has been Stargate, a new joint venture designed ...

On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years.

dubbed the "Stargate" project. The plan is to initially commit $100 billion then increase spending to $500 billion over the next four years.

The new entity, Stargate, is already starting to build out data centers and the electricity generation needed for the further development of fast-evolving AI technology. Trump declared it “a ...

The venture aims to position the US as a global leader in AI, addressing rising competition from China. The US President said that ChatGPT’s creator OpenAI, SoftBank and Oracle are planning a joint ...

(Chip Somodevilla/Pool foto vía AP) Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a ...

President Donald Trump just announced Stargate, a $500 billion AI investment backed by SoftBank, Oracle, MGX, and OpenAI over the next four years. Let’s put it differently: OpenAI just secured a ...