The expansion will boost Stargate's capacity to nearly 7GW, supported by over $400bn in investments over the next three years.
All five have stakes in the artificial intelligence field, whether it's cybersecurity, data analytics or defense projects.
Oracle shares jumped more than 3% on a bullish analyst upgrade and new AI initiatives, including a cloud partnership with SoftBank in Japan.
Graphcore, a wholly owned subsidiary of SoftBank Group, is opening a new AI Engineering Campus in Bengaluru, creating 500 new ...
The new sites will boost Stargate’s planned capacity to nearly 7 gigawatts—about equal to the output of seven large nuclear reactors.
OpenAI plans to invest roughly $400 billion to develop five new U.S. data center sites, including Lordstown, Ohio, in partnership with Oracle Corp. and SoftBank Group Corp. It marks the biggest push ...
The tech titan doubles down on automation, snapping up ABB's robotics arm to supercharge SoftBank's AI ambitions.
OpenAI, Oracle, and SoftBank are announcing five new U.S. AI data center sites through the Stargate partnership, OpenAI's overarching AI infrastructure platform. The combined capacity from these five ...
SoftBank Group Corp. said Wednesday that it will acquire the robotics business of major Swiss heavy electric machinery maker ABB Ltd. for 5,375 million dollars. The two companies signed a definitive ...
OpenAI today announced plans to build five new data center sites in the U.S. as part of its Stargate initiative. Launched in January, Stargate is intended to provide the artificial intelligence ...
SoftBank is close to signing a deal with a handful of lenders for a margin loan secured by shares of its chip unit Arm ...
SoftBank Group's shares were also boosted by a rebound in tech stocks overnight that helped lift major U.S. stock indexes to record highs. Its Nasdaq-listed chip-design unit Arm Holdings gained 4.7%.