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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.
Trump, Tech Leaders Announce AI Infrastructure Investment Plan, Boon to Data Center Industry
President Donald Trump, alongside OpenAI CEO Sam Altman, Oracle Chairman Larry Ellison and Softbank CEO Masayoshi Son, announced
Behind $500 Billion AI Data Center Plan, US Startups Jockey With Tech Giants
Trump said that ChatGPT creator OpenAI, SoftBank, Oracle and others will pour up to $500 billion in private capital into a joint venture called Stargate, which he said
Tech giants announce $500bn 'Stargate' AI plan in US
The creator of ChatGPT, OpenAI, is teaming up with another US tech giant, a Japanese investment firm and an Emirati sovereign wealth fund to build $500bn (£405bn) of artificial intelligence (AI) infrastructure in the United States.
Here’s What’s in ‘Stargate,’ the $500-Billion Trump-Endorsed Plan to Power U.S. AI
Tech giants are backing a massive effort, announced by President Trump and dubbed the Stargate Project, to add data centers across the U.S.
Trump’s AI Push: Understanding The $500 Billion Stargate Initiative
The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.
JD Supra
16h
Something Biden and Trump Can Agree On?—Data Centers, AI and Energy Generation
Last week, on one of his final days in office, President Biden signed an executive order aimed at boosting the development of ...
9d
on MSN
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 ...
Distractify on MSN
1d
The Stargate Project Is the Latest Effort to Keep the United States Ahead on AI
Donald Trump has announced the Stargate Project, which is focused on the U.S.'s AI future, leading some to wonder what ...
2d
on MSN
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.
Hosted on MSN
2d
Trump announces 'Stargate' initiative with AI data centers to be built in Texas
President Donald Trump is expected to announce a "massive" new infrastructure initiative on his first full day in office, the ...
Scientific American
8d
Biden Opens Publicly Owned Land to Data Centers Run on Clean Energy
President Biden issued an executive order to permit data centers on federal lands in a move aimed at bolstering clean energy ...
RCR Wireless News
7d
Biden administration boosts AI data centers, bans connected vehicles from China and Russia
In the last days of the Biden administration, a new rule on connected cars emerges alongside executive orders on AI data ...
9d
Biden issues executive order for building AI data centers on federal land
U.S. President Joe Biden issued an executive order Tuesday directing the development of artificial intelligence data centers ...
9d
Biden signs executive order to ensure power for AI data centers
President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for ...
2d
Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint ...
17h
California needs more data centers—but builders are using a legal loophole to power them with diesel
The process means that the communities get little input, even though the data centers create both air and noise pollution.
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