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.
Focus: 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.
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.
Billionaire Ambani Plans World’s Biggest Data Center in India
Mukesh Ambani’s Reliance Group is building what may become the world’s biggest data center by capacity in India, the latest in a blitz of global investments to capitalize on booming demand for artificial intelligence services.
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports
The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing OpenAI CEO Sam Altman speaking to colleagues. OpenAI and SoftBank did not immediately respond to Reuters' requests for comment.
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.
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 ...
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 ...
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.
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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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 ...
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 ...
Musk Casts Doubt on Trump’s $100 Billion A.I. Announcement
Mr. Trump had claimed the A.I. announcement as an early trophy, taking credit for the companies’ decision to spend up to $500 ...