Tech giants to invest up to $500B for new US data centers
OpenAI, SoftBank and Oracle will fund the creation of 10 facilities during the initial phase of the Stargate initiative, with the option to increase to 20.
OpenAI, SoftBank Building AI Data Centers in $500B Stargate Deal
The Stargate project aims to secure American leadership in AI, protect US national security, and create hundreds of thousands of jobs.
OpenAI and Softbank team up for a $500 billion AI data center venture
OpenAI will build and open AI infrastructure worth $500 billion in the United States over the next four years in partnership with SoftBank. The two entities have teamed up to establish a new company called the Stargate Project to build AI data centers for the ChatGPT maker,
AI Stocks Rise on Reported $100 Billion Data Center Deal
OpenAI, SoftBank and Oracle are reportedly planning a joint venture called Stargate focused on building data centers and other infrastructure to support AI development, according to CBS News. The companies are expected to invest at least $100 billion in the initiative and up to $500 billion over the next four years,
OpenAI teams up with SoftBank and Oracle on $500B data center project
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Trump Announces $500B AI Joint Venture With Oracle, OpenAI, and SoftBank
Key Takeaways President Trump on Tuesday announced a joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.The companies said they would commit $100 billion to start, and as much as $500 billion over the next four years toward the initiative,
Amperesand targets data centers as the next big customer for its solid-state transformers
“We’ve got about 90 gigawatts [of data centers] globally in 2023, and that’s going to increase to over 185 gigawatts by 2028, ...
Amazon spends $102 million in Ohio for data center land. Are server farms, data centers the same?
Amazon bought hundreds of acres of land in Ohio to build a massive data center. Are server farms and data centers different?
Could more data centers come to Oklahoma? UAE-based company announces $20B investment plan
A UAE investment firm planned to expand across eight states in the sunbelt. Government officials commented on the potential ...
Tech Xplore on MSN4h
The multifaceted challenge of powering AI with data centers
Artificial intelligence has become vital in business and financial dealings, medical care, technology development, research, ...
Amazon picks where the first of its $10 billion in data centers will go in Ohio
Amazon plans to open its first data centers outside central Ohio. Here's where those centers may go and when construction will start.
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Data centers could double Virginia’s energy use in a decade. Bills to regulate them are getting mixed support.
Efforts by Virginia lawmakers to rein in data centers have seen mixed success. A bill that would have increased state ...
J.P.Morgan forecasts spending on data centers could boost US GDP by 20 basis points in 2025-26
J.P.Morgan estimated spending on data centers could contribute between 10-20 basis points to U.S. economic growth in ...
Trump announces 'Stargate' AI infrastructure project with 'colossal data centers'
President Trump is joined by Larry Ellison, Masayoshi Son and Sam Altman to announce a new American company that will invest ...
Biden signs ambitious order to bolster energy resources for AI data centers
President Joe Biden has signed an ambitious executive order on artificial intelligence that seeks to ensure the ...
Data centers coming to Michigan have some Democrats worried about environmental impact
Gov. Gretchen Whitmer signed bills to give data centers a tax cut. Some Democrats fear the facilities could delay Michigan's clean energy transition.
Japan Sees Data Center-Driven Power Boom in Northern Region
Electricity demand in Japan’s Hokkaido area is expected to grow the fastest in the country, as the region prepares to roll ...