SoftBank lowers OpenAI-backed margin loan target to $6 billion amid investor concerns over AI valuations and debt exposure.
Browsing: Stargate Project
Oracle secures $16 billion funding for Michigan data center campus, boosting AI infrastructure amid local environmental concerns.
SoftBank Group secures $40 billion loan to deepen OpenAI investment amid intensifying global AI competition
SoftBank seeks up to $40 billion loan to fund a massive OpenAI investment, signaling Masayoshi Son’s aggressive push into the AI boom.
SoftBank races to secure a $22.5 billion funding commitment for OpenAI, reshaping its investments to dominate the AI race.
OpenAI is set to lease $100 billion worth of Nvidia GPUs, with Oracle financing data centers, to scale its AI infrastructure and reach gigawatt capacity.
OpenAI, Oracle, and SoftBank expand their $400B Stargate Project with five new U.S. AI data centers, boosting compute capacity to nearly seven gigawatts.
The U.S. and UK are set to sign landmark nuclear and AI agreements, boosting energy security, digital infrastructure, and trade while creating thousands of jobs.
Oracle integrates OpenAI’s GPT-5 across its database suite and SaaS applications, enhancing coding, reasoning, automation, and enterprise insights with advanced generative AI capabilities.
Foxconn and SoftBank partner to produce data center equipment at the former Ohio EV plant, advancing the $500B Stargate project to boost U.S. AI infrastructure.
SoftBank posts surprise $2.87B Q1 profit, driven by Vision Fund gains from companies like Grab, Swiggy, and strong public and private tech investments.
OpenAI and SoftBank scale back their $500B Stargate project, shifting focus to a smaller AI data center amid internal disagreements and evolving priorities.
OpenAI signs a $30B deal with Oracle for 4.5GW of data center power under its Stargate project, boosting U.S. AI infrastructure and digital growth.
Oracle is part of the Stargate Project, a $500 billion AI infrastructure investment initiated by the Trump administration, along with tech giants Meta and OpenAI