OpenAI, SoftBank, Oracle to invest $500 billion in AI, Trump says

Quick Summary:

President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure.OpenAI, SoftBank (9984.T), and Oracle (ORCL.

N) will form a joint venture called Stargate, with a plan to invest $500 billion, Trump said at the White House.

Trump said he will help facilitate the project with emergency orders.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Trump Experience Donald House Infrastructure Mediacorp Delivers President White Remarks 2025

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-22 @ 06:38:23 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 134 words

Reading Time: 1 minutes read

Sentences: 9 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 25330140

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 46 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 58 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #27

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