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OHIO STARGATE PROJECT
SoftBank to invest $3 billion in Ohio factory for OpenAI data center: ReportThe plant will manufacture equipment for data centers in Milam County, Texas, and other locations, the report said, as the Japanese conglom...
Foxconn to invest up to $1.37 billion in AI compute cluster, supercomputing centreThe investment will be made from December 2025 to December 2026 using its own funds, the company said in a filing published late on Monday.
OpenAI to join tech giants in building five new data centres in USOpenAI, backed by Nvidia's $100 billion investment, partners with SoftBank and Oracle to construct five new data centers across the U.S. Th...
Intel gets $2 billion lifeline in the form of SoftBank equity investmentSoftBank is investing $2 billion in Intel. This will make SoftBank a top shareholder. However, SoftBank will not seek a board seat. Also, t...
SoftBank to invest $2 billion in Intel to become a top-10 shareholderSoftBank Group is investing $2 billion in Intel, acquiring a nearly 2% stake and becoming its sixth-largest shareholder. The Japanese inves...
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 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...
Paytm's maiden profit; Eternal's Rs 3 lakh crore m-capPaytm recorded its first quarterly profit in the April-June quarter. This and more in today's ETtech Top 5.
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...
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...
OpenAI says it will build massive data centers in the UAESam Altman, OpenAI's CEO, has spent more than a year evangelising for the global construction of huge data centers to help his company buil...
OpenAI CEO Sam Altman and other US tech leaders testify to Congress on AI competition with ChinaOpenAI CEO Sam Altman and tech leaders from Microsoft, AMD, and CoreWeave told US lawmakers that AI could surpass the internet in societal ...
Microsoft puts brakes on AI spending as profit increases 18%Microsoft’s Q1 2025 results showed strong growth with $70.1 billion revenue and $25.8 billion profit, driven by 33% Azure growth and AI ser...
High-stakes AI summit in Paris: World leaders, tech titans and challenging diplomatic talksFostering AI advances the summit, with major players such as Google, Microsoft and OpenAI, aims at supporting AI advances in sectors such a...
OpenAI looks across US for sites to build its Donald Trump-backed Stargate AI data centresThe creators of ChatGPT issued a request for proposals for land, electricity, engineers, and architects, and started touring potential site...