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Microsoft relaxes data center grip on OpenAI

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.

TechCrunch · 19h

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.

The Verge · 19h

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, Microsoft

Datacenter Dynamics · 4h

Microsoft clarifies OpenAI relationship after Stargate megadeal, has cloud right of first refusal

Microsoft has clarified its partnership with OpenAI after the latter announced a $500 billion data center initiative.

Geekwire on MSN · 41m

Microsoft and OpenAI tweak the terms of their cloud deal, enabling $500B Stargate AI project

Microsoft will no longer be the exclusive provider of new cloud computing capacity to OpenAI — a new twist in their relationship that clears the way for OpenAI to work with Oracle and others on the $500 billion Stargate AI project announced by the companies Tuesday with President Trump at the White House.

Business Insider · 19h

Microsoft ‘thrilled’ over strategic partnership with OpenAI, Stargate

Microsoft (MSFT) said in a blog post that it is “thrilled” to continue its strategic partnership with OpenAI and to partner on Stargate.

Hosted on MSN4h

Oracle (ORCL) Moves 7.2% Higher: Will This Strength Last?

Oracle (ORCL) shares ended the last trading session 7.2% higher at $172.57. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This ...

Oracle surges, chip stocks rise as Trump unveils $500 bln AI plan

Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a ...

2hon MSN

Microsoft loses OpenAI exclusive cloud provider status to $500 billion Stargate project — as the ChatGPT maker races to hoist the AGI flag first

Microsoft is OpenAI's largest investor, with a 49% stake, translating to $14 billion. As part of its complicated partnership ...

Stargate ‘not a material negative’ for Microsoft, positive for Oracle, says BofA

After President Trump announced the formation of “Stargate,” a “new American company that will invest $500B at least in AI Infrastructure in ...

Investor's Business Daily on MSN3h

Oracle Stock Surges As Trump Unveils Stargate AI Plan With OpenAI, SoftBank

Oracle stock surged Wednesday, as other AI stocks rallied, as President Donald Trump unveiled the Stargate AI infrastructure project with OpenAI and SoftBank. President Trump led a press conference ...

14hon MSN

Microsoft is letting OpenAI get its own AI compute now

The new agreement “includes changes to the exclusivity on new capacity, moving to a model where Microsoft has a right of ...

17h

Microsoft loses status as OpenAI's exclusive cloud provider

Microsoft won’t be the sole cloud provider for OpenAI but can decide whether to deliver the company with capacity or allow ...

19hon MSN

Oracle Stock Surges Ahead Of $500 Billion ‘Stargate’ OpenAI-Trump Deal

Stargate "will be the most important project of this era,” OpenAI CEO Sam Altman said Tuesday alongside Trump.

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