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STARGATE ENERGY REQUIREMENTS
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 ...
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....
Give AI investment the big come hitherThe AI Impact Summit begins today as global AI investments surge. Major economies like the US, China, and the EU are committing vast sums. ...
Anthropic, Microsoft announce new AI data centre projects as industry's construction push continuesAI firm Anthropic plans a $50 billion investment to build new data centres in Texas and New York, partnering with Fluidstack. Microsoft is ...
OpenAI, Sur Energy weigh $25 billion Argentina data center projectOpenAI and Sur Energy are set to build a massive data center in Argentina. This project, valued up to $25 billion, will support advanced ar...
Opening Stargate to India: ChatGPT parent talks tieup with local firms, also in talks with RelianceOpenAI is in discussions with Indian data center companies like Sify Technologies and Reliance Industries to potentially bring its $500 bil...
Giant Wyoming data center to guzzle 5x more power than residents, but the user remains secretAI data center Wyoming power consumption: A huge AI data center is planned in Cheyenne, Wyoming. It needs massive power, more than all Wyom...
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.
Trump to unveil investments to power AI boomGenerative AI requires enormous computing power, mainly to run the energy-hungry processors from Nvidia, the California-based company that ...
Trump plans executive orders to power AI growth in race with ChinaThe Trump administration is preparing executive actions to boost energy supply for AI expansion, including easing grid access and offering ...
Ex-Tesla executive signs letter of intent with Stargate’s CrusoeIn a bid to tackle the pressing challenges of AI infrastructure, Drew Baglino, a former Tesla executive, has launched Heron Power. This sta...
Silicon Valley is at an inflection pointUnder President Trump's administration, tech giants are gaining unprecedented power, fueled by initiatives like the Stargate Project and fa...
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 ...
India, US have complementary strengths in AI age: Union minister Ashwini VaishnawIndia and the US can co-create AI-driven solutions, says IT Minister Ashwini Vaishnaw, while OpenAI’s Ronnie Chatterji highlights shifting ...
World leaders seek elusive AI common ground at Paris summitAttempts to reach global agreement may also frustrate major powers such as the United States and China, which have their own geopolitical t...
Nvidia’s $589 billion DeepSeek rout is largest in market historyNvidia's stock plummeted 17%, wiping out $589 billion in market value, due to concerns over Chinese AI startup DeepSeek's competitive, low-...
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 ...
Startups seek tax relief; HUL’s Rs 3,000 crore Minilmalist betThe startup sector wants taxes on Esops simplified in this year’s Budget. This and more in today’s ETtech Morning Dispatch.
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...