SoftBank hires banks for US IPOs of SB Energy and AI robotics spinoff Roze, sources say2026 is shaping up as a major year for IPOs, with a wave of mega AI listings including SpaceX, Anthropic and OpenAI expected to test invest...
SoftBank's OpenAI-related debt in focus as another strong quarter expectedSoftBank anticipates a strong quarterly profit, largely driven by its significant investment in OpenAI, whose valuation has surged. However...
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 ...
Sam Altman sets out OpenAI's three key focus areas for next phase of growthOpenAI CEO Sam Altman revealed the company's future focus on accelerating scientific research, boosting economic productivity, and developi...
SoftBank plans to list AI and robotics firm Roze in US, FT reportsSoftBank Group is set to make waves in the U.S. technology landscape with its groundbreaking AI and robotics initiative, Roze. With an eye ...
Anthropic looking to hire talent to drive Europe expansion: ReportAI firm Anthropic is actively seeking a senior executive in London to secure significant data centre capacity across Europe. This strategic...
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 '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...
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...
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...
SoftBank concedes Stargate Project with OpenAI needs more timeSoftBank's ambitious Stargate AI project is facing unexpected delays. The $500 billion collaboration with OpenAI is taking longer than expe...
OpenAI, SoftBank each commit $19 billion to Stargate AI data center: ReportOn Tuesday, US President Donald Trump announced that OpenAI, SoftBank Group and Oracle will unveil Stargate and invest $500 billion over th...
Microsoft is building one of the most advanced AI supercomputers in the world in collaboration with OpenAI; here's the whopping cost and what it plans to do with itMicrosoft is embarking on an ambitious project to construct one of the world's most advanced AI supercomputers, codenamed "Stargate," in pa...