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.
Behind $500 billion AI data center plan, US startups jockey with tech giants
This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts a spotlight on a relatively small and nimble class of cloud computing firms positioned to play a bigger role in the tech sector.
Trump and tech bosses announce 'Stargate,' $500 billion data center project that's starting in Texas
Joint venture Stargate will be building out data centers and beefing up electricity generation to support the fast-evolving artificial intelligence scene.
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.
Trump tech agenda begins with $500B private AI plan and cuts to regulation
President Trump hosted executives from Softbank, OpenAI and Oracle at the White House Tuesday to announce “Stargate,” a $500BN private-sector plan to build new AI data centers.
Trump announces $500B Stargate AI project: 'Country will be prospering like never before'
Trump said the private sector joint venture will build data centers and create more than 100,000 jobs in the United States.
Trump Unveils $500B Stargate AI Initiative with Tech Giants: Live Updates
Trump is signing sweeping executive orders this week, targeting DEI programs, climate agreements, and border security. Follow Newsweek's live blog coverage.
Trump Announces Project Stargate, a Massive New Investment in AI
The venture involves OpenAI, Softbank, and Oracle, and starts with an investment of $100 billion. On the second day of his second presidency, Donald Trump announced the creation of a joint venture with OpenAI,
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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 ...
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 ...
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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 ...
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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 ...
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.
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 ...
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 ...
President Biden signs executive order to open up federal land to speed up AI data center construction
US President Joe Biden has signed an executive order to expedite the construction of data centers in the country. The order ...
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.
Microsoft Relaxes Data Center Grip on OpenAI Amid $500 Billion Joint Venture
Microsoft, along with Nvidia and Arm, will be a "technology partner" in the new venture, but is not listed as an equity ...