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 a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday, citing OpenAI CEO Sam Altman speaking to colleagues.
Inside OpenAI’s Race to Build New Models, Agents, Data Centers and More
At WSJ Journal House Davos, OpenAI Chief Product Officer Kevin Weil outlines ChatGPT’s 2025 roadmap—including a new model and AI agent features that can take actions on your behalf—while predicting the future of computing power,
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports
The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing OpenAI CEO Sam Altman speaking to colleagues. OpenAI and SoftBank did not immediately respond to Reuters' requests for comment.
OpenAI and Softbank team up for a $500 billion AI data center venture
OpenAI will build and open AI infrastructure worth $500 billion in the United States over the next four years in partnership with SoftBank. The two entities have teamed up to establish a new company called the Stargate Project to build AI data centers for the ChatGPT maker,
OpenAI, SoftBank Building AI Data Centers in $500B Stargate Deal
The Stargate project aims to secure American leadership in AI, protect US national security, and create hundreds of thousands of jobs.
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 companies are expected to invest at least $100 billion in the initiative and up to $500 billion over the next four years,
Goldman Sachs estimates AI will cause data centers' energy consumption to grow by 160%
Brian Singer of Goldman Sachs says that's equivalent to "adding a top 10 power-consuming country to the world's broader grid.
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Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
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Biden administration boosts AI data centers, bans connected vehicles from China and Russia
In the last days of the Biden administration, a new rule on connected cars emerges alongside executive orders on AI data ...
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As California AI Data Centers Grow, So Does Dirty Energy
Companies are using a shortcut to build ever larger centers that use diesel generators as an emergency power source.
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President Joe Biden has signed an ambitious executive order on artificial intelligence that seeks to ensure the ...
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AI data centers threaten to derail climate progress in Indiana
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House bill aims to bolster nuclear, retain coal and gas plants for AI data centers
Proposed legislation aims to help ensure AI data centers coming into Indiana have the massive amount of power they need.
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AI Stocks Jump on $500B Stargate Announcement, Microsoft Loses Out
OpenAI, Oracle, and Softbank plan to form a new joint venture, Stargate, announced by Donald Trump on Tuesday. Stargate will ...