Microsoft relaxes data center grip on OpenAI

Microsoft relaxes data center grip on OpenAI amid $500 bln joint venture
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
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.
2025 data center progress report
Data centers can justifiably be considered the beating heart of the digital economy, and their importance is set to expand in 2025 and beyond. For data center operators, this presents both opportunities and challenges.
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.
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,
Zombie nuclear reactors could be revived thanks to AI data center demand
Hoping to capitalize on the data center power boom, state-owned utility Santee Cooper is looking for partners to finish ...
JPMorgan Lends $2.3 Billion for Blue Owl-Tied Oracle Data Center
JPMorgan Chase & Co. is lending $2.3 billion for a data center development in Abilene, Texas, that’s owned by Blue Owl ...
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 ...
Construction Dive1h
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 ...
Lonestar's moonshot: Firm aims to place data center on lunar surface
Lonestar Data Holdings is reaching for the moon in its quest to place the first physical data center on the lunar landscape.
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 ...
Whitmer signs data center tax break, charter transparency and transgender name change bills
Nearly three dozen bills were signed into law Friday by Gov. Gretchen Whitmer, which among other things, incentivize data ...
Network World18h
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 ...
Abilene to be tip of the AI spear as Trump, tech titans kick-off $500B Stargate Project
On his first full day in office, President Donald Trump announced a half-trillion-dollar AI initiative that will begin at ...