SoftBank, UAE’s MGX Join $500bn Data Centre Deal With OpenAI

Quick Summary:

Trump announced the deal with OpenAI's Sam Altman, SoftBank CEO Masayoshi Son and Oracle founder Larry Ellison, saying it is the "largest AI infrastructure project in history"

The post SoftBank, UAE’s MGX Join $500bn Data Centre Deal With OpenAI appeared first on Asia Financial.

SoftBank CEO Masayoshi Son is will be the entity’s board chairman, according to a statement from OpenAI posted on social media site X.

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Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaJapanThailandUnited Arab EmiratesUnited States

Topics: Asia Semiconductors Fintech AI Fintech Insights World ESG West Asia China-US Economic Ties Market Insights Energy Insights Energy Global Fintech Leaders Index

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-22 @ 12:56:41 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 542 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © Asia Financial

News ID: 25343068

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