President Trump's $500B Stargate Project unites tech giants to boost US AI supremacy. Microsoft and Oracle stand to benefit, but uncertainty remains.
Two of the most powerful tech leaders in the world, Microsoft CEO Satya Nadella and Tesla CEO Elon Musk, are not exactly fans of the $500 billion Stargate AI initiative announced by Trump this week.
Trump on Tuesday had talked up a joint venture investing up to $500 billion through a new partnership formed by OpenAI, Oracle and SoftBank.
In a small Texas city nearly 200 miles west of Dallas, the first data center associated with the $100 billion Stargate ...
If the pledge of $100 billion upfront and another $400 billion in the coming years is real, and if it is spread equally at $125 billion a year, that would be more than the combined global capex of ...
Elon Musk and OpenAI CEO Sam Altman are fighting on X about Stargate, the infrastructure project to build data centers for ...
In late 2023, OpenAI’s board of directors unexpectedly fired Altman as CEO. Nadella played a central role in helping Altman return to his post, at one point publicly offering to hire Altman and ...
Microsoft’s (MSFT) absence from OpenAI’s Stargate announcement follows months of tension between the two companies and signals an era where the ...
This week’s AI announcement by President Donald Trump casts a spotlight on a relatively small and nimble class of cloud computing firms.
The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.
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 ...
On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion ...