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.
Trump announces 'Stargate' AI infrastructure project with 'colossal data centers'
President Trump is joined by Larry Ellison, Masayoshi Son and Sam Altman to announce a new American company that will invest $500 billion in AI infrastructure.
Trump announces 'Stargate' initiative with AI data centers to be built in Texas
Texas will be home to a new joint venture that will make the state ground zero for the development of artificial intelligence in the United States.
President Trump announces $500B investment to build AI data centers in Texas
AUSTIN, Texas — It is what President Donald Trump calls the " largest AI infrastructure project " in history, which will create more than 100,000 jobs. The leaders of Softbank, Open AI and Oracle are coming together to announce the formation of Stargate.
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,
AI Stocks Rise on Reported $100 Billion Data Center Deal
OpenAI, SoftBank and Oracle are reportedly planning a joint venture called Stargate focused on building data centers and other infrastructure to support AI development, according to CBS News. The companies are expected to invest at least $100 billion in the initiative and up to $500 billion over the next four years,
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.
Trump Announces $500B AI Joint Venture With Oracle, OpenAI, and SoftBank
Key Takeaways President Trump on Tuesday announced a joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.The companies said they would commit $100 billion to start, and as much as $500 billion over the next four years toward the initiative,
Could more data centers come to Oklahoma? UAE-based company announces $20B investment plan
A UAE investment firm planned to expand across eight states in the sunbelt. Government officials commented on the potential ...
Amperesand targets data centers as the next big customer for its solid-state transformers
“We’ve got about 90 gigawatts [of data centers] globally in 2023, and that’s going to increase to over 185 gigawatts by 2028, ...
Amazon picks where the first of its $10 billion in data centers will go in Ohio
Amazon plans to open its first data centers outside central Ohio. Here's where those centers may go and when construction will start.
Japan Sees Data Center-Driven Power Boom in Northern Region
Electricity demand in Japan’s Hokkaido area is expected to grow the fastest in the country, as the region prepares to roll ...
J.P.Morgan forecasts spending on data centers could boost US GDP by 20 basis points in 2025-26
J.P.Morgan estimated spending on data centers could contribute between 10-20 basis points to U.S. economic growth in ...
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 ...
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 ...
Data centers coming to Michigan have some Democrats worried about environmental impact
Gov. Gretchen Whitmer signed bills to give data centers a tax cut. Some Democrats fear the facilities could delay Michigan's clean energy transition.
'Stargate' is now a real thing, but sadly not a portal to an alien planet: A bunch of tech companies plan to spend $500 billion building AI data centers
President Trump announced the project (which was already underway) with his new tech industry pals, promising "colossal data ...