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THE STARGATE PROJECT
Explained: Why Oracle shares crashed 10% in extended trading despite earnings beatOracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans ...- 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...
- OpenAI weighs leasing Ohio data center with Nvidia backing: ReportOpenAI is in negotiations to lease a proposed 10-gigawatt data center campus on federal land in Ohio, in a deal that could include finan...
- 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 ...
- 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 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...
- 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...
- Didn’t think Elon Musk was going to abuse his power in the government: Sam AltmanAccording to The Wall Street Journal, Tesla CEO Elon Musk had made significant efforts to block the Stargate project unless it included his...
- 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...
- Sam Altman teases Stargate Project's Texas site amid banter with Elon MuskThe Stargate project is a $500 billion initiative to build AI infrastructure across the US, with Masayoshi Son taking the role of chairman....
- 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...
- 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...
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