Microsoft will no longer be the exclusive provider of new cloud computing capacity to OpenAI — a new twist in their relationship that clears the way for OpenAI to work with Oracle and others on the $500 billion Stargate AI project announced by the companies Tuesday with President Trump at the White House.
Can the $500B Stargate Project secure U.S. AI dominance? This is a 21st-century moonshot the U.S. cannot afford to miss.
OpenAI CEO Sam Altman has publicly changed his stance on Donald Trump, praising him after partnering with the president's $500 billion Stargate AI initiative.
Former President Trump has announced an unprecedented $500 billion AI infrastructure initiative called "The Stargate Project," partnering with tech giants.
OpenAI, Oracle, Softbank and MGX are investing a record amount in new AI infrastructure even as China's DeepSeek outperforms on cost.
Salesforce Inc (NYSE:CRM) co-founder, chairman and CEO Marc Benioff took a shot at Microsoft Corp (NASDAQ:MSFT) while laying out his vision for the future of AI Wednesday in a CNBC interview from the World Economic Forum.
His lawyer said the auction would decide fair value of OpenAI's charitable asset during its corporate restructuring. OpenAI previously said financial advisers would determine that value.
President Trump on Tuesday announced a $500 joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.
In his letter, Musk’s lawyer pushed the attorneys general to allow outside investors to bid for the nonprofit’s stake in OpenAI. If successful, that could allow an outside investor to take a significant position in, and to exercise control over, the start-up.
The project which Trump calls “the largest AI infrastructure in the history of AI” has been backed by some of the biggest names in tech and business.
Chris Young, the chief of business development at Microsoft, who assisted in the software giant’s acquisition of Activision Blizzard, is leaving his position after around four years, the company announced in a regulatory filing on Wednesday.