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.
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.
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.
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.
Trump announces 'Stargate' initiative with AI data centers to be built in Texas
Texas will be home to a new joint venture that will make the state ground zero for the development of artificial intelligence in the United States.
Trump announces 'Stargate' AI infrastructure project with 'colossal data centers'
President Trump is joined by Larry Ellison, Masayoshi Son and Sam Altman to announce a new American company that will invest $500 billion in AI infrastructure.
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,
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,
Trump Announces $500B AI Joint Venture With Oracle, OpenAI, and SoftBank
Key Takeaways President Trump on Tuesday announced a joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.The companies said they would commit $100 billion to start, and as much as $500 billion over the next four years toward the initiative,
Stargate: Softbank, OpenAI and Oracle's ambitious $500 billion joint AI pact, explained
SoftBank, OpenAI, and Oracle are launching a $100 billion joint venture to enhance AI infrastructure, with plans to escalate investment to $500 billion. The initiative, supported by President Donald Trump,
Project Stargate: A $500 Billion Venture Between Oracle, Open AI, Nvidia & Softbank That Will Revolutionize Healthcare
The project will entail a joint venture between Oracle, Open AI and Softbank with the promise of investing nearly $500 ...
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 ...
Trump announces $500B Stargate AI project: 'Country will be prospering like never before'
Trump said the private sector joint venture will build data centers and create more than 100,000 jobs in the United States.
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Sustainability, grid demands, AI workloads will challenge data center growth in 2025
Uptime Institute predicts the data center industry in 2025 will face pressure over resource consumption, grid integration ...
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 ...
Energy Transfer: Multi-Year AI/ Data Center Boom Triggers Robust Growth Tailwinds
Discover why we are giving a Buy rating to ET stock due to its strong market share, growth potential, and premium valuations ...
UBS Initiates Buy Rating on Semtech Corporation (SMTC) with $85 Target, Highlighting AI Data Center Growth Potential
We recently compiled a list of the 10 AI News You Should Not Miss. In this article, we are going to take a look at where ...