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Trump's Big AI Goals Start Small
Trump's AI push puts data-center bonds in focus
Investors aren't getting a whole lot of extra compensation on highly rated corporate bonds these days with spreads near historic lows. But securitized products, a catch-all for bonds that finance aircraft,
Trump's Big AI Goals Start Small: 57 Jobs at a Texas Data Center
In a small Texas city nearly 200 miles west of Dallas, the first data center associated with the $100 billion Stargate venture from OpenAI, SoftBank Group Corp. and Oracle Corp. is taking shape. About 875 acres in Abilene,
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.
OpenAI and Softbank are starting a $500 billion AI data center company
A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project.
Stargate’s First Data Center Site is Size of Central Park, With At Least 57 Jobs
About 875 acres in Abilene, or roughly the size of New York’s Central Park, have been set aside to construct data centers, according to city documents seen by Bloomberg News. Or
Stargate's first data center located in Texas, with some 57 jobs
In a small Texas city nearly 200 miles west of Dallas, the first data center associated with the US$100 billion Stargate venture from OpenAI, SoftBank Group and Oracle is taking shape.
1h
on MSN
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating ...
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.
1h
Meta to Invest Up to $65B in 2025 Into Data Center, AI
Meta Platforms plans to invest up to $65 billion in capital expenditures in 2025 to expand efforts related to data centers and artificial intelligence. Chief Executive Mark Zuckerberg said the ...
Network World
2d
Sustainability, grid demands, AI workloads will challenge data center growth in 2025
Uptime Institute predicts the data center industry in 2025 will face pressure over resource consumption, grid integration ...
1d
on MSN
Musk Clashes With OpenAI CEO Sam Altman Over Trump-Supported Stargate AI Data Center Project
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by ...
2d
on MSN
Anthropic CEO says AGI is a marketing term and the next AI milestone will be like a 'country of geniuses in a data center'
Anthropic CEO Dario Amodei said it was an "evocative phrase for all the power and all the positive things" and "all of the ...
19m
Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
As part of the investment, Meta will build a more than 2-gigawatt data center that would be large enough to cover a ...
Cowboy State Daily
1d
Kemmerer Officials Hope TerraPower Deal Could Attract AI Data Center
As Bill Gates-backed TerraPower continues building a first-of-its-kind nuclear plant in Kemmerer, Wyoming, it has struck a ...
1d
on MSN
Oracle and Other AI Data-Center Shares Are Soaring on Stargate
Oracle stock is poised to reap the benefits of President Donald Trump’s enthusiasm for artificial intelligence, analysts said ...
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