Microsoft relaxes data center grip on OpenAI

Microsoft relaxes data center grip on OpenAI amid $500 bln joint venture
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
OpenAI’s $100 Billion Stargate Data Center in Texas Will Reportedly Only Employ 57 People
Despite its massive scale, Stargate intends to employ “at least” 57 full-time employees earning an average wage of just $57,600 annually, according to documents seen by Bloomberg regarding the ambitious data center project.
OpenAI and Softbank are starting a $500 billion AI data center company
A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project.
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 teams up with SoftBank and Oracle on $500B data center project
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Mark Zuckerberg wants you to know he has a big AI data center, too
Zuckerberg expects to invest as much as $65 billion to further Meta’s AI ambitions, which includes a data center ‘so large it ...
Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end
Meta CEO Mark Zuckerberg said the company plans to up its capital expenditures in 2025 as it aims to keep pace with rivals in ...
Meta to spend up to $65B on massive AI data center: ‘Defining year for artificial intelligence’
Zuckerberg expects Meta’s AI assistant — available across its services, including Facebook and Instagram — to serve more than ...
First data center for Trump administration's Stargate AI initiative coming to Abilene
Stargate's first data center campus, located in Abilene, will be about 875 acres, but only says it will create at least 57 ...
Biden’s executive order on AI data centers could benefit Amazon and Microsoft
President Biden's executive order addresses the race to build domestic data centers and clean energy plants in order to ...
Behind $500 billion AI data center plan, US startups jockey with tech giants
This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts ...
Trump’s AI Push: Understanding The $500 Billion Stargate Initiative
The $500 billion Stargate Initiative — led by Trump, OpenAI, SoftBank, and Oracle — is set to revolutionize U.S. AI ...
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More questions than answers around Trump’s Stargate AI plans
Pres. Trump was joined by Larry Ellison, chairman of Oracle, Sam Altman, CEO of OpenAI, and Masayoshi Son, the CEO of ...
Trump's Big AI Goals Start Small: 57 Jobs at a Texas Data Center
In a small Texas city nearly 200 miles west of Dallas, the first data center associated with the $100 billion Stargate ...
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Microsoft is “Flooring it” on AI in 2025—It’s Time to Buy the Stock.
Microsoft (NASDAQ:MSFT) is about to have another big AI-driven year as the enterprise behemoth aims to spend a colossal $80 ...