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.
OpenAI, SoftBank each commit $19 bln to Stargate AI data center, the Information reports
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday.
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 technology.
Trump and tech bosses announce 'Stargate,' $500 billion data center project that's starting in Texas
Joint venture Stargate will be building out data centers and beefing up electricity generation to support the fast-evolving artificial intelligence scene.
Blackstone to buy $1 billion Virginia power plant near data centers
The unit of Blackstone dedicated to investments in the energy industry has agreed to acquire Potomac Energy Center, the asset manager told Reuters on Thursday, in a deal symbolizing the allure to investors of power plants sited near data centers.
Musk clashes with 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 President Donald Trump, the latest in a feud between the two billionaires
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.
Behind $500 billion AI data center plan, US startups jockey with tech giants
This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts a spotlight on a relatively small and nimble class of cloud computing firms positioned to play a bigger role in the tech sector.
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 Corporation (ORCL): Cantor Fitzgerald Initiates Coverage with $214 Target Amid AI-Driven Data Center Expansion
We recently compiled a list of the Top 12 Trending AI Stocks on Latest News and Ratings. In this article, we are going to ...
White House to Unveil Artificial-Intelligence Infrastructure Investment
The White House is expected to announce a multibillion-dollar investment in American artificial-intelligence infrastructure ...
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Wall Street predicts gas will power data center boom
Morgan Stanley analysts wrote that big tech companies will "increasingly gravitate" to large complexes powered by gas ...
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Data Center Firms 'Getting Creative' To Squeeze AI Into Older Buildings
Colocation data center firms and their tenants are scrambling to wedge high performance AI computing alongside traditional ...
OpenAI unveils tool to automate web tasks as AI agents take center-stage
Generative artificial intelligence heavyweight OpenAI on Thursday previewed an AI agent that can carry out tasks on the web for users, as it seeks to enhance its chatbot amid intensifying competition.
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% ...
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Open AI, Oracle, and SoftBank to invest $500 billion in 'Stargate' AI project
Stargate, a joint venture between Open AI, Oracle, and SoftBank, will invest $500 billion in building AI infrastructure ...