Trump was joined by Oracle founder Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son, who said the investment would start with $100 billion, plus a goal of $500 billion over the course of four years.

Shares of SoftBank Group Corp. jumped as much as 8.1% after US President Donald Trump announced a multi-billion dollar push by the Japanese company, OpenAI and Oracle Corp. to build AI infrastructure in the US.

Masayoshi Son, the Japanese tycoon helming US President Donald Trump's big new AI push, is the son of an immigrant <a target=_blan

SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal with the details later. For a Japan Inc anxious ab

SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.

Japanese tech giant SoftBank Group Corp. as well as OpenAI and Oracle Corp. will form a new company that will invest at least $5

The president said it will be the largest AI infrastructure ever built and that it will help counter technology threats from China and other countries.

A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project.

President Donald Trump announced a joint venture Tuesday with OpenAI, Oracle and SoftBank to invest billions of dollars in AI infrastructure in the United States.