OpenAI and Softbank are starting a $500 billion AI data center company
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.
Tech giants to invest up to $500B for new US data centers
OpenAI, SoftBank and Oracle will fund the creation of 10 facilities during the initial phase of the Stargate initiative, with the option to increase to 20.
President Trump announces $500B investment to build AI data centers in Texas
AUSTIN, Texas — It is what President Donald Trump calls the " largest AI infrastructure project " in history, which will create more than 100,000 jobs. The leaders of Softbank, Open AI and Oracle are coming together to announce the formation of Stargate.
Musk clashes with OpenAI CEO over Trump-supported Stargate AI data center
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech
OpenAI and Softbank team up for a $500 billion AI data center venture
OpenAI will build and open AI infrastructure worth $500 billion in the United States over the next four years in partnership with SoftBank. The two entities have teamed up to establish a new company called the Stargate Project to build AI data centers for the ChatGPT maker,
OpenAI, SoftBank Building AI Data Centers in $500B Stargate Deal
The Stargate project aims to secure American leadership in AI, protect US national security, and create hundreds of thousands of jobs.
AI Stocks Rise on Reported $100 Billion Data Center Deal
OpenAI, SoftBank and Oracle are reportedly planning a joint venture called Stargate focused on building data centers and other infrastructure to support AI development, according to CBS News. The companies are expected to invest at least $100 billion in the initiative and up to $500 billion over the next four years,
OpenAI teams up with SoftBank and Oracle on $500B data center project
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by ...
Oracle and Other AI Data-Center Shares Are Soaring on Stargate
Oracle stock is poised to reap the benefits of President Donald Trump’s enthusiasm for artificial intelligence, analysts said ...
Supply Chain10h
Trump Announces Huge Data Center Project for AI
Trump has promised to accelerate the production of American-made AI to compete against China for global leadership in the ...
Tech Xplore on MSN9h
The multifaceted challenge of powering AI with data centers
Artificial intelligence has become vital in business and financial dealings, medical care, technology development, research, ...
Anthropic CEO says AGI is a marketing term and the next AI milestone will be like a 'country of geniuses in a data center'
Anthropic CEO Dario Amodei said it was an "evocative phrase for all the power and all the positive things" and "all of the ...
Biden signs executive order to ensure power for AI data centers
President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for ...
Scientific American7d
Biden Opens Publicly Owned Land to Data Centers Run on Clean Energy
President Biden issued an executive order to permit data centers on federal lands in a move aimed at bolstering clean energy ...
Quite a lot of Brits have never heard of data centers
Half of Brits aren’t even familiar with data centers, report finds Three in five know they play a role in hybrid work Further ...
J.P.Morgan forecasts spending on data centers could boost US GDP by 20 basis points in 2025-26
J.P.Morgan estimated spending on data centers could contribute between 10-20 basis points to U.S. economic growth in ...