Helion, a startup working to generate electricity from nuclear fusion, on Tuesday said it has raised $425 million in venture funding from a group of investors led by SoftBank Group's Vision Fund 2.
Oliver Matthew, head of Asia consumer research at CLSA, explains why he upgraded his rating of Softbank's stock after the announcement of the Stargate project between OpenAI, SoftBank and Oracle. He a
Corporate travel platform TravelPerk raised $200 million from investors including Atomico and EQT in a funding round valuing the firm at $2.7 billion. The fresh financing doubles TravelPerk's market v
Shares of Japanese semiconductor-related companies extended their losses on Tuesday after Monday's selloff, driven by the release of the Chinese AI model DeepSeek. The selloff in US tech stocks added
Shares of Japanese chip-related firms were feeling the heat on Monday. Today's slump comes as Chinese AI startup DeepSeek gained traction with its updated AI model, raising fears about potential chall
On Tuesday, President Donald Trump announced The Stargate Project, a private $500 billion artificial intelligence (AI) infrastructure project in the United States, as I reported on Wednesday. He heral
We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, the massive infrastructure project to build data centers for OpenAI across the U.S.
Atul Goyal, Managing Director at Jefferies Asia, explains why he's worried about SoftBank's future performance after the company pledged investment in the $500-billion Stargate joint venture to fund U
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, c
President Donald Trump has announced a new 'Stargate' initiative focused on expanding artificial intelligence data center infrastructure across the United States. The venture includes partnerships wit

ORCL, OpenAI & Softbank's Stargate: Boom or Bust?

02:15pm, Wednesday, 22'nd Jan 2025
The Trump administration aims to use $500 billion to build A.I. data centers in the U.S. Oracle (ORCL), OpenAI and Softbank will head the project and plan to front $100 billion as an initial investmen
The Trump Administration has announced an AI infrastructure joint venture in the U.S. named “Stargate,” comprised of OpenAI, SoftBank Group SFTBF SFTBY, Oracle Corp ORCL, and Abu Dhabi's MGX. The
CNBC's Steve Kovach and Kate Rooney report on the 'Stargate Project,' a $500 billion AI infrastructure investment backed by Oracle, OpenAI, and SoftBank.
SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal with the details later.
President Trump on Tuesday announced a joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.
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