Frankfurt - Delayed Quote • EUR SoftBank Group Corp. (SFTU.F) Follow Compare 29.20 -3.00 (-9.32%) At close: January 27 at 3:44:27 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Time to 'panic' or 'overblown'? Wall Street weighs how DeepSeek could shake up the AI trade AI stocks fell across the board as the investment community absorbed news of a potentially more cost-effective Chinese AI model — and began to question the Western world’s gargantuan spending on AI infrastructure. Does China's AI push spell trouble for the US Big Tech stocks? Have your say Tech stocks tumbled as advances by China's AI start-up DeepSeek raised doubts about the level of spending in this space in the US. Stargate AI Project: What AI Stocks Could Benefit in 2025 and Beyond? On Tuesday, President Donald Trump announced The Stargate Project, a private $500 billion artificial intelligence (AI) infrastructure project in the United States, as I reported on Wednesday. Stargate is a joint venture (JV) between three leading technology companies heavily involved in AI: Oracle (NYSE: ORCL), SoftBank Group (OTC: SFTBF), and OpenAI. Oracle co-founder and chairman Larry Ellison, SoftBank founder and CEO Masayoshi Son, and OpenAI co-founder and CEO Sam Altman joined the president at the press conference and they outlined the project. Trump's Stargate AI project backed by OpenAI, Oracle, and SoftBank is taking shape: Here's what we know Trump announced a $500 billion project called Stargate backed by SoftBank, Oracle, and OpenAI. The details of this project have Why I Don’t Believe Larry Ellison’s Moderna Stock Hype Moderna (MRNA) stock surged 7% this week following Oracle (ORCL) CEO Larry Ellison’s claims that artificial intelligence (AI) could help develop messenger RNA-based (mRNA) vaccines to cure cancer. We’ve all heard such blusterous aspirational hype before, to be sure. Yet, his comments represent a rare upward price catalyst for Moderna, a pharma giant currently under the kosh for vaccine pricing, patent violations, regulatory failures, and transparency issues in recent months. However, despite the Stargate's First Data Center Site is Size of Central Park, With At Least 57 Jobs (Bloomberg) -- In a small Texas city nearly 200 miles west of Dallas, the first data center associated with the $100 billion Stargate venture from OpenAI, SoftBank Group Corp. and Oracle Corp. is taking shape.About 875 acres in Abilene, or roughly the size of New York’s Central Park, have been set aside to construct data centers, according to city documents seen by Bloomberg News. Oracle facilities that Chairman Larry Ellison has said are for Stargate are being developed on this land, according AI’s $100 Billion Stargate Venture Touted by Trump Will Tap Solar Power (Bloomberg) -- A $100 billion venture that President Donald Trump heralds as accelerating artificial intelligence in the US is expected to depend in part on power sources favored by his climate-focused predecessor — solar and batteries.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersH Elon Musk Says Project Stargate Doesn't 'Actually Have The Money' After Trump Announces $500 Billion AI Investment Led By SoftBank, Oracle And OpenAI Tesla Inc. CEO Elon Musk cast doubt Wednesday on the ambitious $500 billion Project Stargate, hours after its announcement, claiming lead investor SoftBank Group (OTC:SFTBY) (OTC:SFTBF) has “well under $10B secured.” What Happened: The project, unveiled Tuesday at a White House briefing in the presence of President Donald Trump, represents a joint venture between OpenAI, SoftBank, and Oracle Corp. (NYSE:ORCL) to establish massive artificial intelligence infrastructure across the United States. “ Why Arm Holdings Stock Was Pulling Back Today One day after Arm Holdings (NASDAQ: ARM) soared on news of the Stargate artificial intelligence (AI) project, shares of the chip design company known for its energy-efficient CPU architecture were pulling back. The main reason seemed to be that a closely followed semiconductor newsletter cast doubt on Arm's role in the Stargate project. As of 11:49 a.m. ET, Arm was down 7.7%. Oracle Rises, But Other AI Stocks Fall. Why Trump’s $500 Billion Funding Project Isn’t a Silver Bullet. Shares in artificial intelligence data-center companies fell Thursday—the president’s $500 billion spending drive might raise more questions than answers. Trending tickers: Apple, Arm Holdings, EA, Puma and Associated British Foods The latest investor updates on stocks that are trending on Thursday. The Stargate Project Is Big on Ambition and Light on Details The Stargate AI project has prominent and wealthy backers, but $500 billion in spending could still prove to be a heavy lift. Musk and Altman Spar Over $100 Billion AI Venture Hyped by Trump (Bloomberg) -- Elon Musk openly questioned whether companies that joined President Donald Trump’s announcement promising hundreds of billions of dollars in artificial intelligence infrastructure could follow through on their promises, exposing an early internal rift within the White House.Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports (Bloomberg) -- SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersDonations to LA Fire Victims Rise Past $200 Million MarkLA Schools Wrecked by Fires Plead on GoFundMe for Help to ReopenNY’s Hochul Calls fo Musk Casts Doubt Over Stargate AI Initiative Day After Announcement Elon Musk is casting doubt on the recently announced Stargate project to build artificial intelligen Musk casts doubt on Trump-backed Stargate project: 'They don't actually have the money' Elon Musk has cast doubt on whether there is enough funding to follow through on a massive $500 billion artificial intelligence infrastructure project announced by President Donald Trump on Tuesday. Why Microsoft Stock Is Jumping Today Microsoft (NASDAQ: MSFT) stock is gaining ground in Wednesday's trading following new artificial intelligence (AI) infrastructure investment news. Yesterday, President Trump held an event at the White House and announced a new private-sector investment initiative designed to bolster the U.S.'s position in artificial intelligence (AI) data centers. The project is kicking off with a $100 billion investment from Softbank, Oracle, and OpenAI and could scale to an investment of up to $500 billion over the next four years. SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump (Bloomberg) -- 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.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersDonations to LA Fire Victims Rise Past $200 Million MarkLA Schools Wrecked by Fires Plea SoftBank's Role in $500 Billion Stargate AI Venture Seen as Major Growth Driver, Analyst Says The Trump Administration has announced an AI infrastructure joint venture in the U.S. named “Stargate,” comprised of OpenAI, SoftBank Group (OTC:SFTBF) (OTC:SFTBY), Oracle Corp (NYSE:ORCL), and Abu Dhabi’s MGX. The venture will deploy $100 billion initially and up to $500 billion over the next four years. Masayoshi Son of SoftBank (rated Outperform), Sam Altman of OpenAI, and Larry Ellison of Oracle participated in the press conference at the White House. Also Read: Anthropic Gains Big With Goog Nvidia, tech stocks rally after Trump announces $500 billion Stargate AI project Nvidia stock jumped Wednesday, extending gains from the prior day following Trump’s announcement of a massive, $500 billion AI infrastructure project called Stargate. The project will be funded by Oracle, OpenAI and SoftBank. Performance Overview Trailing total returns as of 1/28/2025, which may include dividends or other distributions. Benchmark is Nikkei 225 Return SFTU.F Nikkei 225 YTD +5.04% -1.36% 1-Year +46.76% +10.08% 3-Year +62.23% +47.30%