The Stargate Project, as the venture is named, is a partnership between four notable companies: OpenAI, SoftBank, Oracle and MGX. Its goal is to construct sites throughout the U.S. to develop ...

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 ...

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.

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 ...

Investors see the Stargate project as a significant win for Arm, which is majority-owned by Japan’s SoftBank (SFTBY) and a partner with enterprise software giant Oracle (ORCL), two of the ...

Elon Musk is skeptical about Stargate, the AI joint venture that includes OpenAI, and in a rare occurrence, he may be right. Musk has taken issue with the big numbers being thrown about in ...

Kevin Weil talks about why OpenAI, SoftBank and Oracle are planning a massive investment in A.I. infrastructure in the U.S. Weil spoke with WSJ’s Joanna Stern at Journal House in Davos.

Jan 22 (Reuters) - OpenAI and Japanese conglomerate SoftBank (9984.T), opens new tab will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial ...

On Tuesday, Trump announced Stargate, a $500 billion AI-infrastructure investment project that would see the three companies join forces. Altman said Stargate would allow AGI, or artificial ...