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OPENAI 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,...
- 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...
- 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...
- Microsoft to rent Texas data center dropped by Oracle and OpenAI: ReportMicrosoft has agreed to rent a data center project in Texas that was originally being developed for Oracle and OpenAI, Bloomberg News repor...
- 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...
- 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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