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

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

Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.

Davos | San Francisco | SoftBank is in talks to invest as much as $US25 billion ($40 billion) into OpenAI, in a deal which ...

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 ...

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 ...

A previous version of this story referred to Larry Ellison by the wrong title ... chunk of that capital expenditure was plowed into WeWork, the co-working provider that eventually filed for ...

But WeWork's valuation plummeted amid its failed ... Son joined OpenAI's Sam Altman, Oracle's Larry Ellison, and Trump to announce the planned private-sector investment. The president said the ...

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 ...

Tech titan Elon Musk cast doubt Wednesday on a $500 billion AI project announced by US President Donald Trump, saying the ...

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