As 2024 was drawing to a close, OpenAI CEO Sam Altman faced two major problems. He wasn’t getting enough server capacity from Microsoft, his company’s biggest backer, to stay ahead of rivals ...
The impact of this deal on the stock market has been quite bullish, especially for AI-related companies and those involved in the deal. Arm Holdings ( NASDAQ:ARM) is up over 12% since the deal and ...
Sam Altman has once again put himself in a position of power—this time by sidling up to President Trump.
TikTok got a short reprieve to make a deal. Project Stargate, a $500B AI plan from OpenAI, Oracle, and Softbank, pushes Musk, Microsoft, aside. Google buys HTC VR tech.
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this ...
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
At a White House press conference, Trump was flanked by the companies' top brass as he hyped up Stargate by proclaiming that it will cement the ...
OpenAI CFO Sarah Friar, who's very "close" to the Stargate deal, confirms the company's ability to financially back the AI project and urges Elon Musk to compete for "the right things." ...
In one of his first moves as the 47th President of the United States, Donald Trump announced a new US$500 billion project called Stargate to accelerate the development of artificial intelligence (AI) ...
Shares in artificial intelligence data-center companies fell Thursday—the president’s $500 billion spending drive might raise ...
Donald Trump says his big new AI initiative is a victory for America. Guess who the real winner is.