Company created to invest in US-based AI infrastructure for OpenAI is backed by SoftBank, OpenAI, Oracle, and MGX.

A group of companies including OpenAI and SoftBank on Tuesday said they would commit $100 billion to artificial-intelligence infrastructure and as much as to $500 billion in the next four years. Their ...

Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the ...

Netflix, Oracle and other technology stocks are lifting U.S. indexes Wednesday as their profits pile higher and excitement ...

Under the Trump administration, OpenAI and other members of the tech sector are making a push to establish AI dominance in ...

MGX stock is soaring Wednesday on the heels of the company’s involvement with OpenAI and SoftBank’s (SFTBY) new Stargate ...

Major tech companies have launched the $500 billion 'Stargate' project to advance AI infrastructure in the US, creating 100,000 jobs.

Netflix, Oracle and other technology stocks are lifting U.S. indexes Wednesday as their profits pile higher and excitement ...

The U.S. market "could be much bigger than we thought," Reitzes wrote, noting that most of the Stargate spending seems incremental to Nvidia. By his math, even $20 billion in additional spending on ...

Donald Trump has announced the "Stargate Project." Backed by major tech companies, the project aims to boost AI ...

Tech billionaire Elon Musk voiced doubts about President Trump’s newly announced infrastructure plan for artificial ...