Tag - stargate

 
 

STARGATE

SoftBank Group has emerged as the unnamed buyer of Foxconn Technology Group’s electric vehicle plant in Ohio and plans to incorporate the facility into its $500 billion Stargate data center project with OpenAI and Oracle.
BUSINESS / Companies
Aug 12, 2025
SoftBank shares surge on AI hope and sign of Stargate progress
The firm's emergence as the unnamed buyer of Foxconn's electric vehicle plant in Ohio is spurring optimism that it may be able to kick-start its stalled endeavor.
U.S. President Donald Trump celebrates after signing executive orders on artificial intelligence at the “Winning the AI Race” Summit in Washington on July 23.
COMMENTARY / World / Geoeconomic Briefing
Aug 1, 2025
Will Trump’s tech policies propel U.S. success against China?
As China mobilizes all its resources for an all-out contest for technological supremacy, the U.S. cannot afford economic inefficiencies and to push its closest partners away.
Analysts warn that the emergence of DeepSeek’s low-cost, open-source large language models might cool the artificial intelligence frenzy and thus cap SoftBank's investment performance.
BUSINESS / Companies
Feb 14, 2025
Bears circle SoftBank as DeepSeek clouds outlook for Stargate
DeepSeek’s low-cost AI model is begging the question of whether such massive spending on Stargate is even necessary.
SoftBank Group Chairman and CEO Masayoshi Son announces  the Stargate Project, an artificial intelligence venture with OpenAI, during a news conference in Tokyo on Feb. 3.
BUSINESS / Companies
Feb 11, 2025
SoftBank eyes debt-heavy financing for $500 billion AI push
SoftBank and OpenAI’s push to build out tens of gigawatts of datacenter capacity has the potential to be the biggest rollout of computing power ever.
Sam Altman, chief executive of OpenAI, speaks at a White House event with President Donald Trump, left; Softbank chief executive Masayoshi Son, third from left; and Larry Ellison, chairman of Oracle, at the White House on Jan. 21.
BUSINESS / Tech
Feb 9, 2025
How Sam Altman sidestepped Elon Musk to win over Donald Trump
After helping President Trump get elected, Elon Musk was poised to dominate the nation’s AI policies. But someone got there before him.
U.S. President Donald Trump delivers remarks on Stargate, as Oracle Executive Chairman Larry Ellison, SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman look on in the Roosevelt room at the White House.
BUSINESS / Companies
Jan 22, 2025
SoftBank to help fund and lead Trump-backed Stargate AI project, a $500 billion venture
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.

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person