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STARGATE INITIATIVE
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...- 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...
- 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 ...
- 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...
- 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 $...
- Tech layoffs: India once again in the crosshairs, with 1 in 3 laid off by Oracle based hereThousands of Oracle employees in India faced immediate job termination via email. This action is part of a global workforce reduction affec...
- 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 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...
- OpenAI to build its first European data centre in Norway, with partnersThe partnership, called Stargate Norway, will be fully powered by renewable energy, Norwegian conglomerate Aker said in a joint statement w...
- OpenAI, Oracle deepen AI data center push with 4.5 gigawatt Stargate expansionOpenAI announced that Oracle will provide 2 million chips to help scale its AI data center infrastructure. This partnership aims to boost c...
- 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, 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...
- Elon Musk publicly trashes Trump-backed Stargate AI project, clashes with OpenAI CEO Sam AltmanA dispute arose between Elon Musk and OpenAI CEO Sam Altman over Stargate, a $500 billion AI infrastructure project. Musk questioned the fu...
- 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...
- What is Stargate? The $500 billion AI project approved by Trump 2.0 to beat competitor ChinaPresident Donald Trump has announced the Stargate initiative, a significant collaboration involving OpenAI, SoftBank, and Oracle, with an i...
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