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.
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 technology.
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.
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.
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, CBS reported.
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,
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 ...
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The multifaceted challenge of powering AI with data centers
Artificial intelligence has become vital in business and financial dealings, medical care, technology development, research, ...
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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 ...
Nvidia Stock Investors Just Got Fantastic Artificial Intelligence (AI) News From President Trump
President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) ...
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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 ...
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 Times2d
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 ...
India's Tech Surge: 69% Firms to Raise Spending, AI Takes Center Stage
AI is not expected to shrink the workforce significantly, only 17 % of executives globally predict a decrease in headcount ...