As news trickled out about President Trump’s announcement of a new $500 billion Stargate joint venture focused on artificial-intelligence infrastructure, some potential beneficiaries emerged.
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% ...
SoftBank, Oracle and others have very big artificial-intelligence spending plans with very little detail. Investors are very pleased. On Tuesday, the new Trump administration said the companies wou ...