OpenAI struggles to price Microsoft stake in deal to become for-profit company
OpenAI’s board is locked in complex negotiations to become a for-profit company, struggling to determine the price of Microsoft’s stake in the start-up while holding talks to value its newly formed ...
'I'm Good For $80 Billion': Satya Nadella's Response To Musk's No Money Claim
During a recent CNBC interview, when asked for a response over Musk's claims, Nadella said, "I am good for my $80 billion. I am going to spend $80 billion building out Azure. Customers can count on ...
Stargate: How Microsoft can benefit from Softbank, OpenAI and Oracle’s $500 billion-joint AI project with zero money
Stargate: How Microsoft can benefit from Softbank, OpenAI and Oracle’s $500 billion-joint AI project with zero money ...
EconoTimes2h
OpenAI, SoftBank, and Oracle Unite for Exclusive AI Data Centers in the U.S.
Stargate, a groundbreaking joint venture by OpenAI, SoftBank (TYO:9984), and Oracle (NYSE:ORCL), is set to transform the artificial intelligence landscape with exclusive data centers in the U.S. These ...
Behind $500 billion AI data center plan, US startups jockey with tech giants
On Tuesday, Trump said that ChatGPT creator OpenAI, SoftBank , Oracle and others will pour up to $500 billion in private capital into a joint venture called Stargate, which he said will build data ...
India West3h
Elon Spats Publicly With Altman As Trump Backs AI Venture
Fortune reported that this announcement has put Sam Altman in the spotlight, much to the frustration of his former collaborator, Elon Musk. Musk, who has long been a major backer of Trump, was once ...
Stargate Artificial Intelligence Project to Exclusively Serve OpenAI, FT Reports
(Reuters) - Stargate, the joint venture by OpenAI, SoftBank and Oracle to develop data centers for artificial intelligence in the U.S., will exclusively serve ChatGPT maker OpenAI, the Financial Times ...
Trump Proves Musk Is Still ‘First Buddy’ After Torching Mega AI Deal
Billionaire DOGE director Elon Musk has lost favor among President Donald Trump’s allies after publicly trashing a $500 billion artificial intelligence venture. Unveiled by President Trump on Tuesday ...
NuScale, Oklo and Other Nuclear Stocks Soar on Anticipation of AI's Growing Energy Needs
Nuclear energy stocks roared higher Thursday, extending gains earlier in the week amid expectations of growing energy demand ...
Musk and Altman trade barbs on social media after ChatGPT co-creator's White House appearance
A war-of-words between Elon Musk and Sam Altman escalated on social media Thursday, as two of the most powerful men in tech sparred over their rival artificial intelligence initiatives.
Trump Calls for US Dominance in AI With New Executive Order
President Donald Trump called for boosting US dominance in artificial intelligence with an executive order that demands a new policy direction for a rapidly evolving technology that’s the focus of ...
Trump says he will ‘demand’ that interest rates come down, but it won’t be that simple
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.