OpenAI said it will expand with Oracle at three locations: Shackelford County, Texas; Dona Ana County, New Mexico and an undisclosed site in the Midwest. Two additional data centers in Lordstown, Ohio ...

OpenAI and SoftBank agreed to invest $1 billion into a SoftBank-backed energy provider as the companies prepare for a massive ...

OpenAI and SoftBank Group will jointly invest $1 billion in SB Energy, a ​SoftBank-owned provider of data-center and power ...

OpenAI, Oracle, and SoftBank have announced plans to expand the Stargate AI infrastructure project with the development of five new data centre sites in the US. This expansion will increase Stargate's ...

CNBC reports that SoftBank (SFTBY) (SFTBF) has now fulfilled its $40B investment commitment to OpenAI (OPENAI), after sending a final $22B–$22.5B tranche last week.

SoftBank Group shares fell after Oracle's quarterly results rekindled concerns about how soon investments in artificial intelligence will turn into profits. Shares were recently 5.1% lower at 17,715 ...

Barrack, who now serves as the US ambassador to Turkey, in 2019 oversaw the acquisition of the data centre investor Digital Bridge for $325mn. He stepped down in 2021 as executive chair and the ...

The deal announced on Friday will entail OpenAI and SoftBank each investing $500mn in SB Energy, an energy group that has ...

According to a report by Fortune, Madhavi Singh argues that the collaboration between AI giants like OpenAI, Oracle, and Nvidia could stifle competition. Singh, deputy director of Yale's Thurman ...

OpenAI and SoftBank will each invest $500 million in SB Energy to support the energy firm’s growth as a data center developer ...