SoftBank Bets Big on AI With $16B Loan, But Can It Sustain the Risk?
SoftBank Group (SFTBY), led by CEO Masayoshi Son, is making pivotal moves in artificial intelligence (AI). The Japanese tech ...
SoftBank in talks to borrow $16 billion to fund AI, The Information reports
SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, ...
Investing.com India1h
OpenAI, Oracle to build Texas AI data center with thousands of Nvidia chips
Investing.com -- OpenAI and Oracle (NYSE: ORCL) plan to fill a new data center in Texas with billions of dollars worth of ...
Forget Stargate. Apple now has its own $500 billion investment plan.
Two things ring familiar in Apple's (AAPL) latest announcement. For one, the $500 billion investment commitment matches the pledged amount of the Stargate initiative, through which companies like ...
3 potential AI stock winners from the $500 billion Stargate project
If there were any fears that spending on AI infrastructure was about to slow down, that was put to rest when Trump announced the new Stargate project.
Gulf Business28d
OpenAI’s Altman to stop in Abu Dhabi for MGX fundraising talks – report
OpenAI CEO Sam Altman plans to visit the United Arab Emirates this week to discuss raising funds with Abu Dhabi investment group MGX ... backers OpenAI, SoftBank, and Oracle ORCL.N, in which ...
The Business Journals29d
Wisconsin on short list for Stargate Project data center: OpenAI executive
Larry Ellison, co-founder and chief technology officer of Oracle (NYSE: ORCL), mentioned the project ... a unit of WEC Energy Group (NYSE: WEC) in Milwaukee would connect the ATC transmission ...