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OpenAI expands Oracle data center deal

Reuters on MSN · 1d

OpenAI, Oracle deepen AI data center push with 4.5 gigawatt Stargate expansion

(Reuters) -OpenAI and Oracle will develop another 4.5 gigawatts of data center capacity, expanding a tie-up that has promised hundreds of billions of dollars in infrastructure investment to keep the U.

TechRadar on MSN · 6h

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.

CIO Dive · 22h

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 Tuesday announcement.

AI, Musk and Raise Up

Reuters on MSN · 1d

Musk's xAI to raise up to $12 billion in debt for AI expansion, WSJ reports

Elon Musk's artificial intelligence startup xAI is working with a financier to secure up to $12 billion more for its expansion plans, the Wall Street Journal reported on Tuesday, citing people familiar with the situation.

Wall Street Journal · 1d

Musk Allies to Raise Up to $12 Billion for xAI Chips as Startup Burns Through Cash

XAI is tapping into the booming private-credit market to find the cash it needs to build massive data centers.

Barron's on MSN · 21h

Musk’s xAI Is Trying to Raise Money, WSJ Says. What That Means for Tesla Stock.

A dynamic is emerging among Elon Musk’s Tesla, SpaceX, and xAI, fueling talk of consolidation. That isn’t necessarily a problem for Tesla shareholders.

7d

Google’s $25 Billion Data Center Bet Raises Blackout, Bill Concerns

Google will expand AI data centers across PJM, the nation’s largest grid, targeting surging compute demand in regions like ...

8h

Trump to Outline AI Priorities Amid Tech Battle With China

Trump is laser-focused on removing barriers to AI expansion, in stark contrast to Biden, who feared U.S. adversaries like ...

Hyperscale Data Planning Major Expansion of Michigan AI Data Center by 2029

Las Vegas-based Hyperscale Data Inc. has outlined plans to increase the capacity of its artificial intelligence data center ...

1don MSN

White House to unveil plan to push US AI abroad, crack down on restrictive rules, document shows

The White House intends to publish a plan on Wednesday that calls for the export of American AI technology abroad and a ...

6don MSN

AI data centers require massive amounts of power—making electricity more expensive for everyone around them

But as more data centers are built to accommodate AI and other data-intensive processes, energy demand is expected to ...

1mon

Data center operator starts work on $1 billion Delaware complex, part of larger expansion

The data company Cologix has started work on a $1 billion AI data center complex in the Lewis Center area, part of a larger ...

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