SoftBank to help fund and lead Trump-backed Stargate AI project, a...
SoftBank Group, OpenAI, and Oracle are collaborating to establish a groundbreaking venture in the United States. This venture aims to develop artificial intelligence infrastructure with extensive support from the U.S. government. The project is set to be valued at half-a-trillion dollars.
Leading this initiative is Masayoshi Son, the Chairman and CEO of SoftBank, who will also serve as the chairman of the newly formed company, Stargate. SoftBank will oversee the financial aspects of the venture, with Arm Holdings, a subsidiary of SoftBank listed on Nasdaq, contributing chip technology. Additionally, key vendors such as Microsoft, Nvidia, and Oracle will play vital roles in the project.
In this era of abundant information and misinformation, quality journalism holds more significance than ever. By subscribing to our services, you support our commitment to delivering accurate and reliable news. Subscribers also gain the privilege of commenting on stories.
If you wish to comment on stories, please ensure you have created a display name in the Profile section of your subscriber account page. In case your current subscription plan does not permit commenting, refer to our FAQ for more information.
This content is sponsored and managed by JT Media Enterprise Division. For inquiries regarding advertising placements, please reach out here.
Read More
