Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement.
Shares of Nvidia (NASDAQ:NVDA) are jumping over 4% in morning trading after President Trump announced a $500 billion artificial intelligence infrastructure plan yesterday. As a key architect in existing AI infrastructure,
Shares of NVIDIA Corporation (NASDAQ: NVDA) and other AI stocks such as Dell Technologies Inc. (NYSE: DELL), Oracle Corporation (NYSE: ORCL) and Arm Holdings plc (NASDAQ: ARM) are trading higher Tuesday buoyed by reports of a major private sector investment in artificial intelligence infrastructure.
Masayoshi Son is the CEO and founder of tech and telecommunications ... SoftBank sold its 4.9% stake in Nvidia in 2019 for about $4 billion. If it hadn't, the position might've been worth more ...
On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project, by far, in history."
Simon Orange, the self-made millionaire who co-owns Premiership rugby club Sale Sharks, has sold his business empire to Asda backer TDR Capital in a deal worth more than £1bn. CorpAcq, which is based in Cheshire, counts more than 40 businesses as part of its portfolio including the likes of Cotton Traders. CorpAcq does not included
Shares of SoftBank Group Corp. jumped as much as 8.1% after US President Donald Trump announced a multi-billion dollar push by the Japanese company, OpenAI and Oracle Corp. to build AI infrastructure in the US.
Nvidia (NASDAQ: NVDA) stock posted significant gains in Wednesday's trading following bullish artificial intelligence (AI) news. The company's share price closed out the day up 4.4% amid the backdrop of a 0.
The investment brings together an alliance of tech giants. While SoftBank and OpenAI are lead partners—with SoftBank handling financials and OpenAI managing operations—Oracle and MGX have also joined as equity funders.
“I am Masayoshi Son, and SoftBank is not a bank ... billion in more than 250 companies in the U.S. These include Uber, Nvidia, Sprint, OpenAI (developer of ChatGPT) and a host of start ...
We recently published a list of 10 AI News You Should Definitely Take a Look At. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other AI news you should definitely take a look at.