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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.
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 teams up with SoftBank and Oracle on $500B data center project
OpenAI says that it will team up with Japanese conglomerate SoftBank and with Oracle, along with others, to build multiple data centers for AI in the U.S. The joint venture, called The Stargate Project,
11h
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.
2h
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 ...
6h
on MSN
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.
Hosted on MSN
1h
Kentucky's first 'hyperscale data center' to create nearly a thousand jobs, boost economy
The 400-megawatt campus will soon be built in Louisville. Project leaders say it will pave the way for the future of the tech ...
5d
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 ...
7d
A Complete Newbie’s Primer On The Data Center Ecosystem
To thrive in the current digital environment, enterprise leaders must both understand the different types of data center ...
5h
Clayco’s new CEO guiding firm through data center boom
Anthony Johnson took the helm of the Chicago-based construction conglomerate this month as it launched a data center division ...
Michigan Advance
8h
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 ...
3d
on MSN
Va. lawmakers cross partisan divide to address data center growth
A recent state study found that, left unchecked, the industry’s expansion could triple Virginia’s electricity needs by 2040.
Richmond
4d
Key bill on data center oversight fails; rural-suburban split emerging
A centerpiece of a bipartisan push to strengthen Virginia’s oversight of data centers failed in a early General Assembly test ...
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