News

OpenAI, Oracle expand $500B Stargate spend as Musk unveils bold xAI plan

OpenAI partners with Oracle to boost Stargate AI capacity to 5 GW, as Elon Musk targets 50 million H100-scale units for xAI ...

OpenAI and Oracle Just Announced a Massive AI Infrastructure Deal

OpenAI is scaling up its plans with Oracle. Meanwhile, questions remain about Softbank's involvement in the Stargate AI project.
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OpenAI, Oracle launch Stargate data center capacity expansion

The 4.5 gigawatt commitment will create more than 100,000 construction and operations roles in the U.S., according to a ...
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OpenAI Pivots to Urgent Fundraising As $500B Stargate Project with SoftBank Stumbles

Forced by the stalled $500B Stargate project with SoftBank, OpenAI is reopening its $40B funding round to seek urgent ...

OpenAI and Softbank’s $500 Billion Data Center Project Is Already Stumbling

The Wall Street Journal reported today that OpenAI and Softbank have not been able to agree on key issues regarding the ...

Oracle Stock Slips. Why a Slow Start to Project Stargate Isn’t a Crisis.

OpenAI and SoftBank didn’t immediately respond to requests for comment on the report. However, OpenAI appeared to indirectly ...

SoftBank–OpenAI’s Stargate Project hits roadblock; Musk says ‘They simply don’t have the money!’

Elon Musk has raised concerns about OpenAI and SoftBank's Stargate initiative, which has scaled back due to internal conflicts. Originally planned to revolutionise AI infrastructure, the project now ...

OpenAI expands Oracle data center deal, says parts of Stargate 1 in Texas are operational

Stargate is a joint venture between OpenAI, Oracle and Softbank that aims to invest up to $500 billion in AI infrastructure ...