Tech giants to invest up to $500B for new US data centers
OpenAI, SoftBank and Oracle will fund the creation of 10 facilities during the initial phase of the Stargate initiative, with the option to increase to 20.
Trump, Tech Leaders Announce AI Infrastructure Investment Plan, Boon to Data Center Industry
President Donald Trump, alongside OpenAI CEO Sam Altman, Oracle Chairman Larry Ellison and Softbank CEO Masayoshi Son, announced
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.
Microsoft Relaxes Data Center Grip on OpenAI Amid $500 Billion Joint Venture
Microsoft, along with Nvidia and Arm, will be a "technology partner" in the new venture, but is not listed as an equity funder. SoftBank CEO Masayoshi Son is will be the entity's board chairman, according to a statement from OpenAI posted on social media site X.
Behind $500 Billion AI Data Center Plan, US Startups Jockey With Tech Giants
Trump said that ChatGPT creator OpenAI, SoftBank, Oracle and others will pour up to $500 billion in private capital into a joint venture called Stargate, which he said
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,
OpenAI Partners with Tech Giants on $500 Billion AI Infrastructure Initiative
OpenAI announced a partnership with Nvidia, Microsoft, Oracle, and Arm to develop advanced AI infrastructure in the U.S. through a new entity, The Stargate Project. This initiative plans to invest $500 billion over
Tech giants unite for $500 billion stargate AI project
President Donald Trump and the heads of Japan's Softbank, Oracle Corporation, and OpenAI announced the Stargate project at the White House. These giants will invest up to $500 billion to build data centres and infrastructure necessary for the development of artificial intelligence.
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Something Biden and Trump Can Agree On?—Data Centers, AI and Energy Generation
Last week, on one of his final days in office, President Biden signed an executive order aimed at boosting the development of ...
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 ...
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The Stargate Project Is the Latest Effort to Keep the United States Ahead on AI
Donald Trump has announced the Stargate Project, which is focused on the U.S.'s AI future, leading some to wonder what ...
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Trump announces 'Stargate' initiative with AI data centers to be built in Texas
President Donald Trump is expected to announce a "massive" new infrastructure initiative on his first full day in office, the ...
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Biden Opens Publicly Owned Land to Data Centers Run on Clean Energy
President Biden issued an executive order to permit data centers on federal lands in a move aimed at bolstering clean energy ...
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Biden administration boosts AI data centers, bans connected vehicles from China and Russia
In the last days of the Biden administration, a new rule on connected cars emerges alongside executive orders on AI data ...
Biden issues executive order for building AI data centers on federal land
U.S. President Joe Biden issued an executive order Tuesday directing the development of artificial intelligence data centers ...
Biden signs executive order to ensure power for AI data centers
President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for ...
California needs more data centers—but builders are using a legal loophole to power them with diesel
The process means that the communities get little input, even though the data centers create both air and noise pollution.