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ORACLE STARGATE PROJECT
Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
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 ...
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,...
Oracle shares gain 4%, extend rally after AI-driven power deal with Bloom EnergyOracle shares extended gains after a major energy deal with Bloom Energy to secure 2.8 GW of fuel cell capacity for AI-driven data centres....
Former OpenAI Stargate leaders plan to join Meta PlatformsThree key players in OpenAI’s massive effort to set up hundreds of billions of dollars’ worth of artificial intelligence data center capaci...
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...
From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand boomsTech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $...
Related Digital nears $16 billion financing for Oracle data center: ReportRelated Digital has been rounding up cash to build a campus in Michigan's Saline Township that would allow Oracle to power applications f...
Oracle Layoffs: Company trims workforce amid rising AI, data centre spends; Indian employees also impactedOracle jobs cut: The Larry Ellison-led company is slashing jobs across cloud and database units. The restructuring is aimed at transitionin...
Crusoe to build 900-megawatt AI data center for Microsoft in TexasAI data center startup Crusoe said on Friday it will build a new 900-megawatt campus to run artificial intelligence workloads for Microsoft...
Microsoft to rent Texas data center dropped by Oracle and OpenAI: ReportMicrosoft has agreed to rent a data center project in Texas that was originally being developed for Oracle and OpenAI, Bloomberg News repor...
Oracle and OpenAI drop Texas data centre expansion plan: BloombergIn September, the companies had announced plans for an additional potential expansion of 600 megawatts near the flagship Stargate site in A...
OpenAI, Oracle announce Stargate data center site in WisconsinThe new Port Washington campus is part of OpenAI and Oracle's partnership announced in July to develop another 4.5 gigawatts of data center...
SoftBank buys Foxconn's Ohio plant to jumpstart Stargate AI push: ReportSoftBank Group is reportedly acquiring Foxconn’s Ohio EV plant to kickstart its $500 billion Stargate data center project with OpenAI and O...
Oracle to buy $40 billion of Nvidia chips for OpenAI's US data center: ReportThe data center is expected to be fully operational by mid-next year, and Oracle has agreed to lease the site for 15 years, the report said...
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...
OpenAI's $500 billion Stargate venture weighs future UK investment: ReportOpenAI CEO Sam Altman in February signaled willingness to bring a Stargate-like AI program to Europe, saying his company would "love" to do...
OpenAI eyeing more data centers in Texas, other states for Stargate: ReportStargate, a venture by OpenAI, Oracle, and SoftBank, is planning additional data center campuses in Texas and 13 other states, aiming to in...
ETtech Explainer: Behind Trump’s $500-billion ‘Stargate’ bid for AI supremacy'The Stargate Project' is a $500 billion initiative to build AI infrastructure across the US, with Masayoshi Son taking the role of chairma...