Nonilex<p>Changing its plan could create uncertainty for <a href="https://masto.ai/tags/OpenAI" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>OpenAI</span></a>’s financial future. The company had said it needed to transition into a for-profit company to unlock billions of dollars of new funding from Japanese conglomerate <a href="https://masto.ai/tags/SoftBank" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SoftBank</span></a>.
OpenAI announced it was scrapping its plan to restructure in an email sent to reporters Monday.</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/tech" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tech</span></a> <a href="https://masto.ai/tags/business" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>business</span></a> <a href="https://masto.ai/tags/ChatGPT" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ChatGPT</span></a> <a href="https://masto.ai/tags/nonprofit" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>nonprofit</span></a> <a href="https://masto.ai/tags/Musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Musk</span></a> <a href="https://masto.ai/tags/ArtificialIntelligence" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ArtificialIntelligence</span></a> <a href="https://masto.ai/tags/technology" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>technology</span></a></p>
#softbank
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#Stargate is a partnership between #OpenAI, #Oracle, #Japan’s #SoftBank - led by #MasayoshiSon - and #MGX, a tech investment arm of the #UnitedArabEmirates government.
https://www.bbc.com/news/articles/cy4m84d2xz2o
www.bbc.comStargate: Tech giants announce AI plan worth up to $500bnTrump has extolled the project as an important investment, but Elon Musk is throwing shade on it.
Continued thread
During his first week in office, #Trump announced the #Stargate Project, a $500 billion partnership between #Microsoft partner #OpenAI, #SoftBank, and #MGX (a tech investment arm of the #UnitedArabEmirates government) to build a massive network of data centers across the #USA.
https://newrepublic.com/article/191506/musk-bezos-pichai-zuckerberg-microsoft-trump-climate
The New Republic · Why Tech Companies Are Joining the GOP-Oil AllianceThe big bet on artificial intelligence has turned tech billionaires from vocal climate advocates into Trump toadies.
Stargate: ARM will eigene RISC Chips herstellen
ARM, bekannt als einer der wichtigsten Anbieter von RISC Architekturen, plant einen entscheidenden Strategiewechsel. Bisher konzentrierte sich das britische Unternehmen darauf, Lizenzen für seine Technologie zu verkaufen. D
https://www.apfeltalk.de/magazin/news/stargate-arm-will-eigene-risc-chips-herstellen/
#News #AIChip #Apple #Arm #JonyIve #KI #LLM #LoveFrom #Nvidia #OpenAI #Qualcomm #RISC #RISCProzessor #Server #Softbank #Stargate #TSMC
Stargate: ARM will eigene RISC Chips herstellen
ARM, bekannt als einer der wichtigsten Anbieter von RISC Architekturen, plant einen entscheidenden Strategiewechsel. Bisher konzentrierte sich das britische Unternehmen darauf, Lizenzen für seine Technologie zu verkaufen. D
https://www.apfeltalk.de/magazin/news/stargate-arm-will-eigene-risc-chips-herstellen/
#News #AIChip #Apple #Arm #JonyIve #KI #LLM #LoveFrom #Nvidia #OpenAI #Qualcomm #RISC #RISCProzessor #Server #Softbank #Stargate #TSMC
Stargate: ARM will eigene RISC Chips herstellen
ARM, bekannt als einer der wichtigsten Anbieter von RISC Architekturen, plant einen entscheidenden Strategiewechsel. Bisher konzentrierte sich das britische Unternehmen darauf, Lizenzen für seine Technologie zu verkaufen. D
https://www.apfeltalk.de/magazin/news/stargate-arm-will-eigene-risc-chips-herstellen/
#News #AIChip #Apple #Arm #JonyIve #KI #LLM #LoveFrom #Nvidia #OpenAI #Qualcomm #RISC #RISCProzessor #Server #Softbank #Stargate #TSMC
For SoftBank Group investors looking for the stock to climb back to all-time highs on a revival of the artificial intelligence boom, DeepSeek poses a major hurdle. https://www.japantimes.co.jp/business/2025/02/15/tech/deepseek-softbank-stargate/?utm_medium=Social&utm_source=mastodon #business #tech #softbank #ai #deepseek #stocks
For SoftBank investors looking for the stock to climb back to all-time highs on a revival of the AI boom, DeepSeek poses a major hurdle. https://www.japantimes.co.jp/business/2025/02/14/companies/softbank-investors-deepseek/?utm_medium=Social&utm_source=mastodon #business #companies #softbank #ai #deepseek #openai
The Japan Times · Bears circle SoftBank as DeepSeek clouds outlook for Stargate
SoftBank swung to a loss in the three months to December due to a drop in the value of its Vision Fund unit's public holdings, ahead of its founder's bet on the Stargate artificial intelligence project. https://www.japantimes.co.jp/business/2025/02/12/companies/softbank-losses/?utm_medium=Social&utm_source=mastodon #business #companies #softbank #ai #investments #openai #masayoshison
The Japan Times · SoftBank swings to a loss ahead of big Stargate AI bet
Softbank Group founder Masayoshi Son is looking for ways to pay for an artificial intelligence venture with OpenAI that could cost $500 billion. https://www.japantimes.co.jp/business/2025/02/11/companies/softbank-debt-financing/?utm_medium=Social&utm_source=mastodon #business #companies #softbank #masayoshison #donaldtrump #ai #stargateproject #openai
The Japan Times · SoftBank explores debt-heavy financing for $500 billion AI push
SoftBank Group is in advanced talks to acquire Ampere Computing, people familiar with the matter have said. https://www.japantimes.co.jp/business/2025/02/06/companies/softbank-ampere-acquisition/?utm_medium=Social&utm_source=mastodon #business #companies #softbank #ampere #acquisitions #investments
The Japan Times · SoftBank nears deal to acquire chip designer Ampere