ai data center oracle

Stargate, AI

First data center for Trump administration's Stargate AI initiative coming to Abilene

Stargate's first data center campus, located in Abilene, will be about 875 acres, but only says it will create at least 57 jobs.

Gizmodo · 46m

OpenAI’s $100 Billion Stargate Data Center in Texas Will Reportedly Only Employ 57 People

Despite its massive scale, Stargate intends to employ “at least” 57 full-time employees earning an average wage of just $57,600 annually, according to documents seen by Bloomberg regarding the ambitious data center project.

Reuters · 1d

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.

Oracle Rises

AOL · 4h

Trump's Stargate AI project backed by OpenAI, Oracle, and SoftBank is taking shape: Here's what we know

Trump announced a $500 billion project called Stargate backed by SoftBank, Oracle, and OpenAI. The details of this project have

Barron's on MSN · 1d

Oracle Rises, But Other AI Stocks Fall. Why Trump’s $500 Billion Funding Project Isn’t a Silver Bullet.

Shares in artificial intelligence data-center companies fell Thursday—the president’s $500 billion spending drive might raise more questions than answers.

Reuters on MSN · 1d

Oracle surges, chip stocks rise as Trump unveils $500 billion AI plan

Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank.

2don 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.

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 ...

7hon MSN

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 ...

Engineering News-Record1h

OpenAI, Oracle, Softbank Vow to Invest $500B in US AI Infrastructure

OpenAI, Oracle and Soffbank pledged to build up to $500 billion worth of data centers in the U.S. after a President ...

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, ...

EconoTimes17h

OpenAI, SoftBank, and Oracle Unite for Exclusive AI Data Centers in the U.S.

Stargate, a groundbreaking joint venture by OpenAI, SoftBank (TYO:9984), and Oracle (NYSE:ORCL), is set to transform the artificial intelligence landscape with exclusive data centers in the U.S. These ...

Reliance plans world’s biggest AI data center in India, report says

Mukesh Ambani’s Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a ...

AI Stocks Rise on Reported $100 Billion Data Center Deal

OpenAI, SoftBank and Oracle are reportedly planning a joint venture called Stargate focused on building data centers and other infrastructure to support AI development, according to CBS News. The ...

2hon MSN

Data centers are booming in Texas. What does that mean for the grid?

The rise of artificial intelligence, the digitization of the economy and everyday life’s growing computing needs have ...

1don MSN

How Oracle Plays Cheaply in AI

The software company has less spending power than other megacap techs, but partnerships and its data-center design give it ...

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