President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.

SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.

Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.

The $500 billion Stargate Initiative — led by Trump, OpenAI, SoftBank, and Oracle — is set to revolutionize U.S. AI infrastructure.

SoftBank, OpenAI, and Oracle are launching a $500 billion joint venture named Stargate to fund AI infrastructure in the U.S. The initiative, praised by President Trump, aims to deploy $100 billion immediately for projects like data centers and cancer research.

US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.

SOFTBANK Group and OpenAI each plan to commit US$19 billion of capital ... SoftBank’s Masayoshi Son, OpenAI’s Altman and Oracle’s Larry Ellison took the wraps off Stargate this week at the White House, saying they would deploy US$100 billion for ...

SoftBank Group shares jumped after the company and ... SoftBank CEO Son and Oracle Chairman and Chief Technology Officer Larry Ellison announced the initiative at the White House on Tuesday ...

Masayoshi Son, SoftBank Group CEO, from left, Larry Ellison, chairman of Oracle Corporation and chief technology officer, and Sam Altman, OpenAI CEO listen to President Donald Trump in the ...

(Bloomberg) -- SoftBank Group Corp., OpenAI ... OpenAI’s Sam Altman and Oracle’s Larry Ellison. The joint venture will deploy $100 billion “immediately” and have a goal of increasing ...

Larry Ellison unveiled plans for an AI-driven cancer vaccine system that could deliver personalized treatments within 48 hours.

During a press conference on Tuesday afternoon, President Donald Trump floated the idea of Elon Musk or Larry Ellison purchasing TikTok, while also proposing that the U.S. government take a significant share of the transaction.