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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.
Behind $500 Billion AI Data Center Plan, US Startups Jockey With Tech Giants
Trump said that ChatGPT creator OpenAI, SoftBank, Oracle and others will pour up to $500 billion in private capital into a joint venture called Stargate, which he said
Trump’s First AI Data Center Is Size of Central Park, With 57 Jobs to Start
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. Or
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.
Bill Gates’ nuclear energy startup inks new data center deal
TerraPower, a nuclear energy startup founded by Bill Gates, struck a deal this week with one of the largest data center developers in the US to deploy advanced nuclear reactors. TerraPower and Sabey Data Centers (SDC) are working together on a plan to run existing and future facilities on nuclear energy from small reactors.
OpenAI, Oracle and Softbank team up on multibillion-dollar AI project
President Trump unveiled the AI initiative on Tuesday alongside the executives of OpenAI, Oracle and Softbank.
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,
1d
on MSN
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 ...
23h
on MSN
Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
It’s the latest clash in a feud between the two tech billionaires that started on OpenAI’s board and is now testing Musk’s ...
2h
on MSN
Reliance plans world’s biggest AI data centre in India, report says
Mukesh Ambani’s Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a capacity of three gigawatts to capitalize on surging AI demand.
Cowboy State Daily
22h
Kemmerer Officials Hope TerraPower Deal Could Attract AI Data Center
As Bill Gates-backed TerraPower continues building a first-of-its-kind nuclear plant in Kemmerer, Wyoming, it has struck a ...
Network World
2d
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 ...
1d
on MSN
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 ...
1d
Meta backs data analytics firm Databricks as AI boom attracts investors
Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the ...
17h
Trump’s AI Push: Understanding The $500 Billion Stargate Initiative
The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.
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Stargate
Donald Trump
SoftBank Group
Artificial intelligence
Sam Altman
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