SoftBank Partners with OpenAI and Oracle for $100 Billion AI Initiative

Reported about 7 hours ago

SoftBank Group Corp. has announced a $100 billion joint venture with OpenAI and Oracle Corp. to enhance artificial intelligence infrastructure, unveiled in conjunction with President Donald Trump. This initiative aims to boost the development of AI technology, with plans to expand investments up to $500 billion, focusing on new data centers and operational capacities across the U.S. Despite initial optimism, concerns over funding and implementation remain.

Source: YAHOO

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