SoftBank Books $12B Profit on OpenAI Stake
SoftBank books ~$12B profit on its OpenAI stake as the ChatGPT maker’s valuation surges. Masayoshi Son’s bet on AI is paying off — big. #AI #OpenAI #SoftBank
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Michigan Town Rejects OpenAI-Oracle Data Center, Construction Starts Anyway
A Michigan farming town voted NO on an OpenAI-Oracle data center. Construction started anyway. The clash between local authority and Big Tech’s AI infrastructure race is reaching a breaking point.
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SoftBank Rally Tied to OpenAI Growth as Investors Eye Balance Sheet
SoftBank’s stock rally hinges on OpenAI’s growth to ease debt concerns, Bloomberg reports. The two companies’ financial fates are now deeply intertwined via Stargate and major AI infrastructure bets.
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Oracle Stock Surges 18.4% on New OpenAI Infrastructure Deals
Oracle stock surges 18.4% on new OpenAI infrastructure deals, adding tens of billions to market cap in one session. The move reflects massive capital flowing into U.S. AI data center buildouts. #Oracle #OpenAI #AI
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OpenAI, Tech Giants Unveil Open-Source Protocol to Speed AI Supercomputers
OpenAI & tech giants release MRC, an open-source protocol routing data across hundreds of simultaneous GPU paths. Cuts supercomputer switch layers from 4 to 2 — already live on Stargate.
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OpenAI, Oracle, SoftBank Pledge $500 Billion for U.S. AI Infrastructure
OpenAI, Oracle & SoftBank pledge $500B for U.S. AI infrastructure via the Stargate initiative — one of the largest AI investment commitments in history. #AI #Stargate #TechPolicy
