As news trickled out about President Trump’s announcement of a new $500 billion Stargate joint venture focused on artificial-intelligence infrastructure, some potential beneficiaries emerged. Companies such as Oracle Corp.
The past few years have been undeniably profitable for Nvidia ( NVDA 4.43%) investors. The stock price has surged more than sevenfold over the past two years, and today, it topped the charts as the world's most valuable company in terms of market cap. The stock was up as much as 4.7% Wednesday morning. At 12:32 p.m. ET, the stock was still up 4.1%.
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,
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.
Former SoftBank exec Akshay Naheta's startup, Distributed Technologies Research, is trying to bridge the gap between banking and blockchain tech. Akshay Naheta, a former SoftBank dealmaker, builds new-age pipes to modernize global payment networks.
Software giant Oracle and Japan’s SoftBank Group saw their share prices rise ... “continue to increase its consumption of Azure.” Nvidia, whose chips power much of the underlying ...
(Bloomberg) -- SoftBank Group Corp., OpenAI ... Arm Holdings Plc, Microsoft Corp. and Nvidia Corp. will provide technology, along with Oracle and OpenAI, it said. Trump has signaled a wide ...
TOKYO--Japanese technology group SoftBank swung back to profitability ... and artificial intelligence company Nvidia. SoftBank makes investments in a variety of companies that it groups together ...
US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.
SoftBank Group shares jumped after the company and ... Oracle and Abu Dhabi-based MGX, with Microsoft and Nvidia serving as key technology partners. Its first project will be in Texas, with ...
After Donald Trump announced the $500 billion Stargate project, we examine the U.S.-listed beneficiaries which are least expensive to own.