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Texas, Trump

Trump announces $500B AI infrastructure investment: How does Texas play a key role?

Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data centers in Texas.

Houston Chronicle · 23h

Texas is ground zero for Trump's $500B AI project. Elon Musk isn't happy.

The project backed by Oracle, OpenAI, and SoftBank was announced by President Donald Trump Jan. 21, but it's not without its detractors.

Hosted on MSN · 1d

Trump Announces Stargate: Texas-Based Investment Combines AI Heavyweights

Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.

SoftBank Joins OpenAI, Oracle

Bloomberg on MSN · 1d

SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump

SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.

MarketWatch · 1d

SoftBank Shares Jump After Unveiling $500 Billion Venture With OpenAI

SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.

Wall Street Journal · 1d

SoftBank, Oracle Stocks Jump After Trump Announces Stargate AI Venture

SoftBank, Oracle and others have very big artificial-intelligence spending plans with very little detail. Investors are very pleased. On Tuesday, the new Trump administration said the companies wou

Bloomberg on MSN1h

Stargate’s First Data Center Site is Size of Central Park, With At Least 57 Jobs

In a small Texas city nearly 200 miles west of Dallas, the first data center associated with the $100 billion Stargate venture from OpenAI, SoftBank Group Corp. and Oracle Corp. is taking shape.About ...

2hon MSN

OpenAI and SoftBank are reportedly putting $19B each into Stargate

We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, OpenAI's massive data center project.

Texas Standard4h

Stargate’s $500 billion bet on AI

The new joint venture between OpenAI, Oracle, SoftBank and other partners intends to build the infrastructure needed to greatly expand artificial intelligence in the U.S.

22hon MSN

Trump highlights partnership investing $500 billion in AI

President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new ...

1don MSN

OpenAI teams up with SoftBank and Oracle on $500B data center project

OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.

16h

US Government, Tech Giants Launch $500 Billion AI-Driven Infrastructure Initiative

The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.

Biometric Companies21h

Trump unveils landmark AI initiative called ‘Stargate’

Both the Stargate announcement and the revocation of the AI safeguard Biden had put in place sparked widespread criticism ...

Hosted on MSN7h

Stock Market News for Jan 23, 2025

Market News U.S. stocks ended higher on Wednesday after President Trump announced a $500 billion investment in AI infrastructure. Market participants also reacted positively to strong fourth-quarter ...

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