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Oracle's AI spending blows past estimates, raising worries over growing debtOracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ma...- IT stocks rally as AI deals, valuations draw investorsIndian IT stocks saw a significant surge on Monday, outperforming the broader market. The Nifty IT index reached its highest point since Ap...
- SoftBank to invest €75 billion in 5 GW French AI centresSoftBank Group is set to invest up to $87 billion in France to build 5 gigawatts of AI data center capacity, aiming to establish the countr...
- In the PR battle for AI data centers, tech giants got a blue-collar allyAmerican construction unions are now key players in building the nation's artificial intelligence infrastructure. They are partnering with ...
- US Stock Market: OpenAI growth concerns spark broad selloff in AI-linked stocksA broad selloff swept across artificial intelligence–linked stocks after a report indicated that OpenAI failed to meet key sales and user g...
- Musk–Altman trial opens: Revisiting OpenAI’s shift from nonprofit to for-profitA major legal battle begins Tuesday in Oakland. Elon Musk is suing Sam Altman and OpenAI. Musk claims OpenAI abandoned its nonprofit roots ...
- Kazakhstan’s digital leap: How Central Asia’s tech hub is shaping the future of AI and GovTechKazakhstan is emerging as a key digital hub in Central Asia, backed by a broad national push in artificial intelligence, digital governance...
- Related Digital secures financing for $16 billion Oracle data centre in MichiganRelated Digital has secured $16 billion in financing for its Michigan data centre campus, a project for Oracle. The funding includes equity...
- Microsoft takes over Stargate data center from OpenAI in NorwayMicrosoft will rent 30,000 additional Nvidia Vera Rubin chips from neocloud provider Nscale at a campus inside the arctic circle in Narvik,...
- OpenAI 'Stargate' executive Peter Hoeschele exits: The InformationPeter Hoeschele, a key OpenAI executive behind the early Stargate data centre effort, has left the company, according to a report by The In...
- OpenAI pauses UK data centre project over regulation, costsOpenAI, the creator of ChatGPT, has halted its major data centre project in Britain. Unfavourable regulations and high energy costs are cit...
- Oracle stock plunges over 7% as OpenAI data-center timeline slips to 2028 — Why Oracle’s debt-funded AI expansion is raising red flags again and againOracle stock plunges over 7% as OpenAI data-center delay to 2028 sparks fresh worries. Oracle’s $300B AI build-out faces new pressure after...
- OpenAI’s $300 billion Oracle deal sparks AI bubble fears, experts sound alarm - key reasonsAI bubble fears: Oracle's stock soared after announcing a massive $300 billion deal with OpenAI, projecting a $455 billion in contracts. Ho...
- OpenAI Google partnership: OpenAI taps Google Cloud to boost computing capacityOpenAI has added Google Cloud as a computing partner to meet growing AI demands, joining Microsoft, Oracle, and CoreWeave. The move, finali...
- OpenAI, Oracle developing ‘world’s biggest’ AI training facility: Sam AltmanOpenAI CEO Sam Altman revealed progress on "Stargate 1," the AI training facility under construction in Abilene, Texas, in partnership with...
- Massive valuation: OpenAI in talks to raise up to $40 billion that would value ChatGPT owner at a whopping $340 billion, says reportThe funds will support key initiatives like the Stargate project and help reduce OpenAI’s reliance on Microsoft as it shifts to a for-profi...
- Is Microsoft’s relationship with OpenAI frosty? Salesforce's Marc Benioff says friendship cracked when Satya Nadella hired Mustafa Suleyman, rival of Sam AltmanThe relationship between Microsoft and OpenAi has reportedly become frosty with passing days and recent developments revealed that Salesfor...
- Elon Musk reacts to SoftBank-OpenAI’s $500 billion AI project, says ‘they don’t have the money’Elon Musk criticises OpenAI and SoftBank's $500 billion Stargate Project for AI infrastructure, doubting their financial capabilities. The ...
- SoftBank, OpenAI launch $500 billion AI infrastructure project, Masayoshi Son named chairmanThe investment brings together an alliance of tech giants. While SoftBank and OpenAI are lead partners—with SoftBank handling financials an...
- Microsoft relaxes data center grip on OpenAI amid $500 billion joint ventureSince 2019, Microsoft has had arrangements with OpenAI that gave the Redmond, Washington-based company the exclusive right to build new com...
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