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.
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 after he announced Tuesday a $500 billion investment in AI infrastructure.
Microsoft relaxes data center grip on OpenAI amid $500 bln joint venture
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports
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.
SoftBank, OpenAI, And Others To Launch $500 Bln AI Data Center Company 'Stargate'
Leading technology companies have revealed plans to form a new company, named Stargate, with the goal of enhancing the AI
OpenAI, SoftBank each commit $19 bln to Stargate data center venture, the Information reports
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday, citing OpenAI CEO Sam Altman speaking to colleagues.
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.
SoftBank, Oracle Stocks Jump After Trump Announces Stargate AI Venture
SoftBank, Oracle and others have very big artificial-intelligence spending plans with very little detail. Investors are very pleased. On Tuesday, the new Trump administration said the companies wou
SoftBank Shares Jump After Unveiling $500 Billion Venture With OpenAI
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,
Could more data centers come to Oklahoma? UAE-based company announces $20B investment plan
A UAE investment firm planned to expand across eight states in the sunbelt. Government officials commented on the potential ...
Amazon spends $102 million in Ohio for data center land. Are server farms, data centers the same?
Amazon bought hundreds of acres of land in Ohio to build a massive data center. Are server farms and data centers different?
Nvidia Just Became the World's Most Valuable Company. Is It Too Late to Buy the Stock?
The past few years have been undeniably profitable for Nvidia ( NVDA 4.43%) investors. The stock price has surged more than ...
Amperesand targets data centers as the next big customer for its solid-state transformers
“We’ve got about 90 gigawatts [of data centers] globally in 2023, and that’s going to increase to over 185 gigawatts by 2028, ...
What the $10 billion Meridian data center project will mean for state. Get the details
The past couple of years for economic development have brought major projects to various places throughout Mississippi.
Oregon apartments need electrical components to open. They’re competing with data centers
With the increasing focus on electrification and the surging demand for data centers, the need for electrical gear has ...
Clayco’s new CEO guiding firm through data center boom
Anthony Johnson took the helm of the Chicago-based construction conglomerate this month as it launched a data center division ...
A Complete Newbie’s Primer On The Data Center Ecosystem
To thrive in the current digital environment, enterprise leaders must both understand the different types of data center ...
Crain's Chicago Business7d
Clayco sees revenue soar from data center projects as AI drives demand
The Chicago-based construction company says revenue from data center projects more than doubled last year to $3.6 billion and ...