The SoftBank boss could throw another $25 billion into the artificial intelligence company, according to a Financial Times report on Thursday. Click to read.
President Donald Trump will meet with Nvidia Corp. Chief Executive Officer Jensen Huang at the White House on Friday as the US prepares to tee up tariffs on semiconductors, weighs the fate of a subsidy program and probes whether Chinese AI startup DeepSeek skirted export controls to obtain the chipmakers’ products.
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.
Masayoshi Son, the Japanese tycoon helming US President Donald ... Son wants Arm to compete with the likes Nvidia -- the two are currently partners -- and make chips for AI processes. Son promised SoftBank would invest $50 billion in the United States ...
SoftBank CEO Masayoshi Son speaks at a White House press conference on President Donald Trump's plan for AI infrastructure investment. MASA SON, SOFTBANK: Oh, thank you. That would be helpful. That's good.
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.
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.
Nvidia (NASDAQ: NVDA ... Oracle chairman Larry Ellison, and Softbank CEO Masayoshi Son to announce Stargate's AI infrastructure initiative. The joint venture is focused on expanding AI-focused ...
Reports began circulating this week that SoftBank is in talks to invest as much as $25 billion into OpenAI, a move that would position the Japanese operator as the generative AI (gen AI) company’s biggest financial backer.
From left: Masayoshi Son, chairman and CEO of SoftBank; Larry Ellison, executive chairman of Oracle; and Sam Altman, CEO of OpenAI listen to President Trump speak at the White House on Jan. 21 ...
President Donald Trump announced The Stargate Project, a private $500 billion artificial intelligence (AI) infrastructure project in the United States, as I reported on Wednesday. He heralded it as the "largest AI infrastructure project,