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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.
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 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 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 President Donald Trump, the latest in a feud between the two billionaires th
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.
SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports
SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.
23h
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 ...
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 ...
E&E
14h
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 ...
Seattle Times
3d
Artificial Intelligence
The British government has pledged to rip up the red tape hindering construction of
data
centers
that underpin
artificial intelligence
while promoting its “pro-innovation” approach ...
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 ...
3d
on MSN
Quite a lot of Brits have never heard of data centers
Half of Brits aren’t even familiar with data centers, report finds Three in five know they play a role in hybrid work Further ...
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Trump
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