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 ...
Oracle got big tax breaks in Texas for Stargate. Now it's going back for more.
Oracle's executive chairman and CTO, Larry Ellison, is no stranger to property tax appeals himself. In 2008, he successfully ...
No takers for Trump's $500 bn data centre project; unveiled in Jan, Stargate has completed no deal
The Stargate Project launched with presidential fanfare and billion-dollar pledges, but six months later, it has no data ...
OpenAI sweet-talks Oracle into another 4.5GW worth of Stargate datacenters, assuming the check clears
AI hype man and OpenAI CEO Sam Altman has convinced his buddies at Oracle to bring an additional 4.5 gigawatts of datacenter ...
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As reports of Stargate struggles emerge, OpenAI confirms 4.5GW Oracle deal
OpenAI has today confirmed the 4.5GW deal for Stargate data center capacity in the US, spread across the country. According ...
Elon Musk Says 'They Simply Don't' Have The Funding, Doubts Stargate AI
On Tuesday, major artificial intelligence (AI) chip manufacturers, including Nvidia (NASDAQ:NVDA), Advanced Micro Devices ...
Open AI's massive Project Stargate is already struggling, may be scaled back
According to new Wall Street Journal reporting though, OpenAI and SoftBank have disagreed over data center locations and the ...
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.