News

Stargate, a $500B U.S. datacenter project spearheaded by SoftBank Group (OTCPK:SFTBY) (OTCPK:SFTBF) and OpenAI, is mulling a ...
Crusoe Energy got its start harnessing oilfield flare gas to mine bitcoin. So how did cofounders Chase Lochmiller and Cully ...
Sam Altman’s OpenAI has raised $40 billion in a funding round led by investment giant SoftBank as it looks to stave off competition like Elon Musk’s xAI and China-based DeepSeek.
The Japanese investment firm plans to lead a funding in a for-profit subsidiary of OpenAI, valuing the ChatGPT maker at $300 ...
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 ...
Oracle’s Larry Ellison, and former US President Donald Trump to announce The Stargate Project — a huge system of data centres that will power OpenAI’s AI projects across the US. This mega ...
Stargate, the $500 billion data-centre project led by OpenAI and SoftBank Group , is named after science fiction. That’s apt given its outlandish financing plans. Without a clear guarantee from a ...
When the billionaire founder of Oracle Corp. Larry Ellison snapped up the Hawaiian island of Lanai in 2012, he also got two coveted Four Seasons resorts. The $450-million renovation of the ...
The new funds will be used in part to cover OpenAI’s portion of the “Stargate” project – a collaborative effort with SoftBank and Larry Ellison’s Oracle to build a massive network of ...