Seattle-area company Helion Energy gets $425 million from investors including Sam Altman and Softbank to pursue clean energy's "Holy Grail."
SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal which would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a massive new artificial intelligence infrastructure project.
Oracle looks like a big winner from the new Stargate Project. The tech giant began working more closely with OpenAI last summer. Oracle is outgrowing leaders like Amazon in cloud-infrastructure revenue.
Elon Musk asked a judge to block OpenAI's attempt to transition from nonprofit to for-profit. It's not the first time he's feuded with CEO Sam Altman.
Sam Altman, the CEO of OpenAI ... In announcing Stargate—which also involves SoftBank Group, Oracle Corp. and MGX and is backed by a $500 billion investment over four years—Oracle Chair ...
The Elon Musk-Sam Altman feud entered a new hot phase this week on X following President Trump's announcement of Stargate, a new $500 billion AI infrastructure joint venture funded in part by OpenAI,
Three major business leaders—SoftBank Group CEO Masayoshi Son, OpenAI CEO Sam Altman and Oracle Corp. Chairman Larry Ellison—joined President Donald Trump on Tuesday afternoon at the White ...
OpenAI chief executive Sam Altman has welcomed the debut of DeepSeek’s R1 model and has promised to deliver better AI models. The Chinese artificial intelligence start-up that rocketed to global prominence has delivered an “impressive model, particularly around what they’re able to deliver for the price,” Altman wrote.
Donald Trump and three top tech firms announced on Tuesday that they would create a new company called Stargate to grow artificial intelligence infrastructure in the U.S. The President also said the three companies will collaborate and invest $500 billion in the AI infrastructure project.
The $500 billion Stargate Initiative — led by Trump, OpenAI, SoftBank, and Oracle — is set to revolutionize U.S. AI infrastructure.
President Trump and Elon Musk aren’t an exclusive item. That point was clear this week when the president welcomed OpenAI Chief Executive Sam Altman to the White House on the second day of Trump 2.0—a visit that left “First Buddy" Musk publicly fuming.