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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.
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.
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.
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.
19h
on MSN
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 ...
21h
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 a joint venture to develop data centers for ...
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 ...
Tech Xplore on MSN
1d
The multifaceted challenge of powering AI with data centers
Artificial intelligence has become vital in business and financial dealings, medical care, technology development, research, ...
Supply Chain
1d
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 ...
Network World
1d
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 ...
E&E
12h
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 ...
9d
on MSN
Biden signs ambitious order to bolster energy resources for AI data centers
President Joe Biden has signed an ambitious executive order on artificial intelligence that seeks to ensure the ...
Scientific American
8d
Biden Opens Publicly Owned Land to Data Centers Run on Clean Energy
President Biden issued an executive order to permit data centers on federal lands in a move aimed at bolstering clean energy ...
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 ...
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Trump
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Stargate
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