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AI, SoftBank

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.

Reuters · 17h

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.

Engadget on MSN · 1d

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. The two entities have teamed up to establish a new company called the Stargate Project to build AI data centers for the ChatGPT maker,

11hon MSN

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, ...

1don 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 ...

The Texas Tribune8m

Data centers are booming in Texas. What does that mean for the grid?

As energy demand surges, largely due to crypto mining facilities, data centers and industrial electrification, Texas ...

8hon MSN

Reliance plans world’s biggest AI data centre in India, report says

Mukesh Ambani’s Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a capacity of three gigawatts to capitalize on surging AI demand.

9hon MSN

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 ...

Network World2d

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 ...

2don 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 ...

Cowboy State Daily1d

Kemmerer Officials Hope TerraPower Deal Could Attract AI Data Center

As Bill Gates-backed TerraPower continues building a first-of-its-kind nuclear plant in Kemmerer, Wyoming, it has struck a ...

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 Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on ...

Energy Transfer: Multi-Year AI/ Data Center Boom Triggers Robust Growth Tailwinds

Discover why we are giving a Buy rating to ET stock due to its strong market share, growth potential, and premium valuations ...

insideHPC2d

White House Announces $500B AI Data Center Infrastructure Build-Out

The Trump Administration ended its first full day of business with a major AI business announcement, that hundreds of ...

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