OpenAI, SoftBank and Stargate Project
Digest more
On Tuesday, major artificial intelligence (AI) chip manufacturers, including Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), Taiwan Semiconductor Manufacturing Co. (NYSE:TSM),
The latest agreement between OpenAI and Oracle will expand Stargate’s data center capacity, ultimately surpassing the halfway point of their goal.
Oracle (NYSE:ORCL) and OpenAI, backed by Microsoft (NASDAQ:MSFT), have announced a partnership to build 4.5 gigawatts of additional Stargate data center capacity in the U.S., pushing total capacity under development to over 5GW.
The Stargate Project launched with presidential fanfare and billion-dollar pledges, but six months later, it has no data centres and little to show for its promise
1don MSN
Trump's AI vision takes shape as Oracle and OpenAI expand massive Stargate infrastructure project
Oracle and OpenAI expand Stargate project with 4.5 gigawatts of data center capacity, part of a $500 billion U.S. AI infrastructure investment creating over 100,000 jobs.
18hon MSN
Stargate is back on - OpenAI and Oracle unveil massive data center expansion plans in major AI push
OpenAI confirms Project Stargate is still on, and its first site, Stargate I, is already partly operational in Abilene, Texas.
1don MSN
As Oracle’s stock falls in the wake of Stargate developments, here’s one big question for investors
Oracle and OpenAI are developing additional data-center capacity for the AI infrastructure project — but Evercore says investors are wondering how Oracle will finance the cost.
Oracle stock was down after a report the Stargate AI project has been scaled back in the near term. But the company is still set to gain from a huge deal with OpenAI.
Like this article? For more stories like this, follow us on MSN by clicking the +Follow button at the top of this page.