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SoftBank to scale back on $500B Stargate expansion if financing deteriorates: CFO Yoshimitsu Goto
SoftBank's broader goal is to “accelerate the AI revolution” by building robust infrastructure. The Stargate Project, set to ...
SoftBank brings vision and volatility to big tech bets
SoftBank’s founder Masayoshi Son is known for chasing the next big thing. Some of his big bets on tech companies, such as ...
Japan’s SoftBank reports loss weeks after announcing AI investment with U.S. President Trump
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third ...
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OpenAI Securing $40B In New SoftBank Funding, Scouting 16 States For Stargate Projects
SoftBank's latest investment of OpenAI values the company at $260B as its data center joint venture considers sites in 16 ...
SoftBank Posts Third-Quarter Loss of $2.4 Billion
TOKYO (Reuters) -Japanese technology investor SoftBank Group booked a net loss of 369.2 billion yen ($2.4 billion) in the ...
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SoftBank rebuts Musk's criticism of Stargate investment plan
TOKYO -- SoftBank Group on Wednesday defended its participation in the $500 billion Stargate investment program in the U.S., saying the financial burden on the company will be limited, even as Elon ...
OpenAI evaluating possible data center sites in Pennsylvania as part of Stargate project
OpenAI CFO Sarah Friar announced that Pennsylvania was one of three states that the company was evaluating for possible data ...
OpenAI clinches deal with Kakao, talks with SoftBank and Samsung about Stargate
OpenAI said on Tuesday it will develop artificial intelligence products for South Korea with chat app operator Kakao , ...
What Is The Stargate Project? The United States' $500 Billion AI Venture, Explained
President Donald Trump stood with three leading technology experts to announce a $500 billion project called Stargate. But ...