President Donald Trump has announced the Stargate initiative, a significant collaboration involving OpenAI, SoftBank, and Oracle, with an initial investment of $100 billion. The project aims to enhance the U.

On his second day in office, President Donald Trump unveiled a joint, private-sector venture to fund billions of dollars in U.S. artificial intelligence infrastructure. Dubbed Stargate, it will deploy $100 billion “immediately,

On the second day of his presidency on Tuesday, Donald Trump announced the Stargate Project, a $500 billion joint venture among OpenAI, Softbank, Oracle, and MGX, to build AI-focused data centres across the US.

OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday, citing OpenAI CEO Sam Altman speaking to colleagues.

US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.

Tokyo stocks ended sharply higher Wednesday, driven by gains in semiconductor-related shares following news that SoftBank Group will join a major artificial intelligence investment project in the United States.

At the White House on Tuesday, SoftBank CEO Masayoshi Son confidently predicted that “artificial superintelligence” will kick off America’s “golden age.” President Donald Trump beamed as Son, OpenAI’s Sam Altman and Oracle’s Larry Ellison announced a $500 billion investment in an American scheme to unlock the potential of super-powerful AI.

OpenAI, SoftBank Group, and Oracle announce a $500 billion investment in AI infrastructure via the new venture, 'Stargate.' This partnership positions the U.S. to solidify its lead over China in AI. European markets are on the rise,

Microsoft has revised key terms in its deal with OpenAI following the latter's joint venture with Oracle and SoftBank to build $500 billion of AI data centers in the US. The initiative, called Stargate,

OpenAI CEO Sam Altman speaks next to Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. REUTERS/Carlos Barria A look at the day ahead in European and global markets from Stella Qiu

Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.