Behind $500 billion AI data center plan, US startups jockey with tech giants
On Tuesday, 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 will build data ...
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. The facility ...
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 ...
OpenAI’s Stargate deal heralds shift away from Microsoft
In late 2023, OpenAI’s board of directors unexpectedly fired Altman as CEO. Nadella played a central role in helping Altman return to his post, at one point publicly offering to hire Altman and ...
Stargate Artificial Intelligence Project to Exclusively Serve OpenAI, FT Reports
(Reuters) - Stargate, the joint venture by OpenAI, SoftBank and Oracle to develop data centers for artificial intelligence in the U.S., will exclusively serve ChatGPT maker OpenAI, the Financial Times ...
Bill Gates’ nuclear energy startup inks new data center deal
TerraPower, a nuclear energy startup founded by Bill Gates, struck a deal this week with one of the largest data center developers in the US to deploy advanced nuclear reactors. TerraPower and Sabey ...
American Banker3h
Trump ditched Biden's executive order on AI. What changes?
On Monday, when President Donald Trump revoked the Executive Order on Artificial Intelligence former President Joe Biden established in October 2023, it was truly gone. Any attempt to click on a link ...
NuScale, Oklo and Other Nuclear Stocks Soar on Anticipation of AI's Growing Energy Needs
Nuclear energy stocks roared higher Thursday, extending gains earlier in the week amid expectations of growing energy demand ...
Trump’s $500 billion AI moonshot: Ambition meets controversy in ‘Project Stargate’
Trump unveils ambitious $500 billion 'Project Stargate' AI initiative with tech giants OpenAI, Oracle, and SoftBank, sparking controversy as Elon Musk questions funding and environmentalists raise ...
The Information4h
Why Sam Altman Joined Forces With Larry Ellison and Took a Step Back From Microsoft
As 2024 was drawing to a close, OpenAI CEO Sam Altman faced two major problems. He wasn’t getting enough server capacity from Microsoft, his company’s biggest backer, to stay ahead of rivals ...
Texas to host Stargate data center
The joint venture of Softbank, OpenAI and Oracle, will build power generation equipment for artificial intelligence systems on a 875-acre site the size of New York City’s Central Park.
NextBigFuture4h
How Much Money, GPUs and Gigawatts for Needed for $500 Billion of Stargate AI Data Centers?
There has been the controversial announcement what is called a $500 billion AI project in the USA. There is controversy about how much funding is in the ...