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STARGATE JOINT VENTURE
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...
- 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 $...
- Foxconn chairman says collaboration with Softbank in Ohio is part of Stargate projectFoxconn chairman Young Liu confirmed the company’s partnership with SoftBank in Ohio is linked to OpenAI’s Stargate project. He stated that...
- SoftBank and OpenAI's Stargate AI project scales back, plans smaller data centre by year-end: WSJStargate, a major AI project by OpenAI, SoftBank, and Oracle, is scaling back plans to a smaller data centre in Ohio by year-end, amid inte...
- Oracle to invest $3 billion in AI, cloud infrastructure in Germany, NetherlandsOracle will invest $2 billion in Germany and $1 billion in the Netherlands.
- OpenAI, Oracle eye Nvidia chips worth billions for Stargate siteThe site, in the small city of Abilene, is expected to house 64,000 of Nvidia’s coveted GB200 semiconductors by the end of 2026. The chips ...
- Wouldn't have announced $500 billion investment if we weren't confident: Sam Altman on Stargate fundingElon Musk was among the first to question the funding for the project, claiming that the drivers, including Microsoft and SoftBank, "don't ...
- 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...
- SoftBank in talks to invest up to $25 billion into OpenAI: reportSoftBank could invest $15 billion to $25 billion directly into Microsoft-backed OpenAI on top of its commitment of more than $15 billion to...
- OpenAI-SoftBank's $100 billion Stargate venture touted by Donald Trump will tap solar powerTrump unveiled the Stargate joint venture involving SoftBank Group Corp., OpenAI and Oracle Corp. on Tuesday. The companies will initially ...
- Meta gets a reprieve; Infra.Market’s pre-IPO doughNCLAT stays CCI’s data-sharing ban on WhatsApp and Meta platforms. This and more in today’s ETtech Top 5.
- 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...
- New number 1: Jensen Huang-led Nvidia overtakes Apple to be the most valued company in the worldNvidia has once again gone ahead in the tight race for the most valued company in the world.
- Donald Trump announces up to $500 billion in AI infrastructure investmentThe announcement on Trump's second day in office follows the rolling back of former President Joe Biden's executive order on AI, that was i...
- Oracle's Larry Ellison says AI-driven cancer vaccine could be coming soon as Donald Trump announces a $500 billion investmentOracle Chairman Larry Ellison highlighted AI's potential to revolutionize healthcare with early cancer detection and personalized vaccines....
- Donald Trump to announce up to $500 billion private sector AI infrastructure investment: ReportsOpenAI, SoftBank and Oracle are planning a joint venture called Stargate, the report added, saying SoftBank CEO Masayoshi Son, OpenAI's Sam...
- 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...
- Nvidia, Oracle share prices soar after reports claim Donald Trump's $500 billion AI infrastructure investment planPresident Donald Trump is reportedly making a huge announcement pertaining to AI infrastructure investment on Tuesday.
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