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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.
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, 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
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.
Trump, tech titans unveil $500B Stargate AI investment plan. Could Utah be in the mix?
Utah is among the fastest-growing data center markets in the country thanks to an attractive business climate and tax incentives.
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 ...
JD Supra
7h
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 ...
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 ...
1d
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.
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 ...
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 ...
E&E
2d
Trump ‘energy emergency’ centers on tech boom, national defense
The president looks to dismantle his predecessor's clean energy agenda that the White House says puts the nation at risk of ...
8d
on MSN
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 ...
1d
on MSN
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 ...
8h
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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