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,
SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative focused on AI data centers, The Information reports. OpenAI and SoftBank will each hold a
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 ...
DeepSeek R1’s Monday release has sent shockwaves through the AI community, disrupting assumptions about what’s required to achieve cutting-edge AI performance. This story focuses on exactly how DeepSeek managed this feat,
The richest man on the planet has been bitter about the project over a decade-long feud with one of its key players
President Donald Trump announced an A.I. initiative called Stargate. During a press conference at the White House attended by SoftBank (SFTBF) CEO Masayoshi Son and Oracle founder Larry Ellison, the returning President told reporters the initiative will invest $500 billion—equivalent to almost 2 percent of the annual U.
Stargate is a private $500 billion artificial intelligence (AI) infrastructure project that has begun building massive data centers in the United States. Stargate is a joint venture between OpenAI, SoftBank Group,
Tech giants pledged Initial $100B investment for data centers in Texas, first in Abilene, through their Stargate partnership announced by President Donald Trump.
OpenAI, Oracle and Soffbank pledged to build up to $500 billion worth of data centers in the U.S. after a President Trump-brokered Stargate joint venture deal.