SoftBank concedes Stargate Project with OpenAI needs more timeSoftBank's ambitious Stargate AI project is facing unexpected delays. The $500 billion collaboration with OpenAI is taking longer than expe...
07 Aug, 2025, 04.40 PM IST
SoftBank builds Nvidia, TSMC stakes under Masayoshi Son’s focus on AI gearAt the heart of SoftBank’s AI ambitions is chip designer Arm Holdings Plc. Son is gradually building a portfolio around the Cambridge, UK-b...
05 Aug, 2025, 11.11 AM IST
Didn’t think Elon Musk was going to abuse his power in the government: Sam AltmanAccording to The Wall Street Journal, Tesla CEO Elon Musk had made significant efforts to block the Stargate project unless it included his...
19 Jun, 2025, 08.01 PM IST
OpenAI in talks to raise fresh funds from Saudi Arabia’s PIF, India’s Reliance Industries: The InformationChatGPT developer OpenAI is seeking funds. It is in discussions with Saudi Arabia's PIF, India's Reliance Industries, and UAE's MGX. The co...
12 Jun, 2025, 04.45 PM IST
OpenAI, Oracle developing ‘world’s biggest’ AI training facility: Sam AltmanOpenAI CEO Sam Altman revealed progress on "Stargate 1," the AI training facility under construction in Abilene, Texas, in partnership with...
08 May, 2025, 12.37 PM IST
OpenAI close to finalising its $40 billion SoftBank-led fundingOpenAI is nearing a $40 billion funding round led by SoftBank Group, with investors including Magnetar Capital, Coatue Management, and Foun...
27 Mar, 2025, 09.16 AM IST
Wouldn't have announced $500 billion investment if we weren't confident: Sam Altman on Stargate fundingElon Musk was among the first to question the funding for the project, claiming that the drivers, including Microsoft and SoftBank, "don't ...
10 Feb, 2025, 09.36 AM IST
OpenAI's Altman to stop in Abu Dhabi for MGX fundraising talks, sources sayOpenAI CEO Sam Altman is visiting the UAE to discuss raising $40 billion with Abu Dhabi's MGX, aiming to fuel AI development and compete wi...
05 Feb, 2025, 11.30 PM IST
Why Elon Musk is fuming over Donald Trump’s $500 billion AI Stargate ProjectA new $500 billion AI initiative, Stargate, was announced by US President Donald Trump, SoftBank, OpenAI, and Oracle, promising to create o...
24 Jan, 2025, 06.39 PM IST
Sam Altman teases Stargate Project's Texas site amid banter with Elon MuskThe Stargate project is a $500 billion initiative to build AI infrastructure across the US, with Masayoshi Son taking the role of chairman....
24 Jan, 2025, 03.45 PM IST
Satya Nadella definitely has the money: Musk continues attack on Stargate projectThis follows Musk’s social media banter where he said SoftBank and OpenAI, which committed $100 billion to the Stargate project, do not hav...
23 Jan, 2025, 05.45 PM IST
Elon Musk reacts to SoftBank-OpenAI’s $500 billion AI project, says ‘they don’t have the money’Elon Musk criticises OpenAI and SoftBank's $500 billion Stargate Project for AI infrastructure, doubting their financial capabilities. The ...
23 Jan, 2025, 04.11 PM IST
After Trump's mega $500 billion AI investment announcement, OpenAI CEO Sam Altman's big confession amid rivalry with Elon MuskStargate Project: The top tech companies Tuesday announced that they will create a new company, called Stargate, to grow artificial intelli...
23 Jan, 2025, 02.18 PM IST
ETtech Explainer: Behind Trump’s $500-billion ‘Stargate’ bid for AI supremacy'The Stargate Project' is a $500 billion initiative to build AI infrastructure across the US, with Masayoshi Son taking the role of chairma...
23 Jan, 2025, 06.00 AM IST
Elon Musk raises concerns over $500 billion Stargate Project backed by Donald TrumpElon Musk has expressed doubts about the financial feasibility of the $500 billion Stargate AI Project announced by President Donald Trump....
22 Jan, 2025, 08.14 PM IST
SoftBank, OpenAI launch $500 billion AI infrastructure project, Masayoshi Son named chairmanThe investment brings together an alliance of tech giants. While SoftBank and OpenAI are lead partners—with SoftBank handling financials an...
22 Jan, 2025, 08.02 PM IST
Microsoft relaxes data center grip on OpenAI amid $500 billion joint ventureSince 2019, Microsoft has had arrangements with OpenAI that gave the Redmond, Washington-based company the exclusive right to build new com...
22 Jan, 2025, 07.45 AM IST