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.
Focus: 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, 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.
SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports
SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.
OpenAI, SoftBank each commit $19 bln to Stargate AI data center, the Information reports
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday.
OpenAI and SoftBank are reportedly putting $19B each into Stargate
We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, the massive infrastructure project to build data centers for OpenAI across the U.S. SoftBank and OpenAI each plans to commit $19 billion of capital to Stargate,
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 ...
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?
Bill Gates’ nuclear energy startup inks new data center deal
TerraPower, a nuclear energy startup founded by Bill Gates, struck a deal this week with one of the largest data center developers in the US to deploy advanced nuclear reactors. TerraPower and Sabey ...
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The multifaceted challenge of powering AI with data centers
Artificial intelligence has become vital in business and financial dealings, medical care, technology development, research, ...
Goldman Sachs estimates AI will cause data centers' energy consumption to grow by 160%
Brian Singer of Goldman Sachs says that's equivalent to "adding a top 10 power-consuming country to the world's broader grid.
Oregon apartments need electrical components to open. They’re competing with data centers
With the increasing focus on electrification and the surging demand for data centers, the need for electrical gear has ...
Blackstone to buy $1 billion Virginia power plant near data centers
The unit of Blackstone dedicated to investments in the energy industry has agreed to acquire Potomac Energy Center, the asset manager told Reuters on Thursday, in a deal symbolizing the allure to ...
Inside OpenAI’s Race to Build New Models, Agents, Data Centers and More
At WSJ Journal House Davos, OpenAI Chief Product Officer Kevin Weil outlines ChatGPT’s 2025 roadmap—including a new model and ...
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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 ...
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.
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, ...