Market Chatter: SoftBank, OpenAI, and Oracle Launch $100 Billion AI Venture with Renewable Energy Focus

MT Newswires Live01-24

SoftBank Group (TYO:9984) is part of a $100 billion initiative, endorsed by US President Donald Trump, to boost AI development in the US using renewable energy, reported Bloomberg News on Friday.

The Stargate joint venture with OpenAI and Oracle Corp. will build US-based infrastructure, including data centers, added the news wire.

Initial investments will total $100 billion, with future plans for at least $500 billion, though details on power sources remain unspecified, said the report.

SB Energy, a SoftBank unit, is expected to provide solar and battery solutions for the venture, added Bloomberg News.

Neither the White House nor involved companies offered comments, added the news report.

Softbank has not replied to MTNewswire's queries at press time.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (JPY): $10680.00, Change: $-75, Percent Change: -0.70%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2505079314?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-24 08:57","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2505079314","market":"sg","top_or_hot":-1,"title":"Market Chatter: SoftBank, OpenAI, and Oracle Launch $100 Billion AI Venture with Renewable Energy Focus","media":"MT Newswires Live","content":"<html><body><p> SoftBank Group (TYO:9984) is part of a $100 billion initiative, endorsed by US President Donald Trump, to boost AI development in the US using renewable energy, reported Bloomberg News on Friday.</p><p>The Stargate joint venture with OpenAI and <a href=\"https://laohu8.com/S/OCLCF\">Oracle Corp.</a> will build US-based infrastructure, including data centers, added the news wire.</p><p>Initial investments will total $100 billion, with future plans for at least $500 billion, though details on power sources remain unspecified, said the report.</p><p>SB Energy, a SoftBank unit, is expected to provide solar and battery solutions for the venture, added Bloomberg News.</p><p>Neither the White House nor involved companies offered comments, added the news report.</p><p>Softbank has not replied to MTNewswire's queries at press time.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price (JPY): $10680.00, Change: $-75, Percent Change: -0.70%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: SoftBank, OpenAI, and Oracle Launch $100 Billion AI Venture with Renewable Energy Focus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: SoftBank, OpenAI, and Oracle Launch $100 Billion AI Venture with Renewable Energy Focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-01-24 08:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> SoftBank Group (TYO:9984) is part of a $100 billion initiative, endorsed by US President Donald Trump, to boost AI development in the US using renewable energy, reported Bloomberg News on Friday.</p><p>The Stargate joint venture with OpenAI and <a href=\"https://laohu8.com/S/OCLCF\">Oracle Corp.</a> will build US-based infrastructure, including data centers, added the news wire.</p><p>Initial investments will total $100 billion, with future plans for at least $500 billion, though details on power sources remain unspecified, said the report.</p><p>SB Energy, a SoftBank unit, is expected to provide solar and battery solutions for the venture, added Bloomberg News.</p><p>Neither the White House nor involved companies offered comments, added the news report.</p><p>Softbank has not replied to MTNewswire's queries at press time.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price (JPY): $10680.00, Change: $-75, Percent Change: -0.70%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0476273544.USD","symbol_name":"CT (LUX) I GLOBAL TECHNOLOGY \"BU\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2505079314","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505079314","pubTimestamp":1737680279,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"SoftBank Group  is part of a $100 billion initiative, endorsed by US President Donald Trump, to boost AI development in the US using renewable energy, reported Bloomberg News on Friday.The Stargate joint venture with OpenAI and Oracle Corp. will build US-based infrastructure, including data centers, added the news wire.Initial investments will total $100 billion, with future plans for at least $500 billion, though details on power sources remain unspecified, said the report.SB Energy, a SoftBank unit, is expected to provide solar and battery solutions for the venture, added Bloomberg News.Neither the White House nor involved companies offered comments, added the news report.Softbank has not replied to MTNewswire's queries at press time.Price : $10680.00, Change: $-75, Percent Change: -0.70%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0476273544.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"BU\" (USD) ACC","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1037948541.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (HKD) ACC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","SFTBY":"软银集团","BK4096":"电气部件与设备","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","ORCL":"甲骨文","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","EFOI":"Energy Focus Inc.","BK4585":"ETF&股票定投概念","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU1934455863.HKD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (HKD) ACC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","03160":"华夏日股对冲","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","BK4528":"SaaS概念","BK4516":"特朗普概念","5AL.SI":"安尼卡","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1935042215.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC A","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","BK4538":"云计算","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A","BK4588":"碎股","LU0985489474.SGD":"First Eagle Amundi International AHS-C SGD-H","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK6522":"化石燃料股","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU1037948897.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (HKD) INC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1"},"translate_title":"市场热议：软银、OpenAI和甲骨文推出1000亿美元人工智能合资企业，重点关注可再生能源","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EFOI":1,"ORCL":1,"03160":0.6,"SFTBY":1,"5AL.SI":1},"content_text":"SoftBank Group (TYO:9984) is part of a $100 billion initiative, endorsed by US President Donald Trump, to boost AI development in the US using renewable energy, reported Bloomberg News on Friday.The Stargate joint venture with OpenAI and Oracle Corp. will build US-based infrastructure, including data centers, added the news wire.Initial investments will total $100 billion, with future plans for at least $500 billion, though details on power sources remain unspecified, said the report.SB Energy, a SoftBank unit, is expected to provide solar and battery solutions for the venture, added Bloomberg News.Neither the White House nor involved companies offered comments, added the news report.Softbank has not replied to MTNewswire's queries at press time.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price (JPY): $10680.00, Change: $-75, Percent Change: -0.70%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2505079314","isCrawlerRequest":true}