The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
The announcement is set to reshape the tech sector and create hundreds of thousands of jobs. Where does Australia fit in, and what does Elon Musk have to say?
The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.
OpenAI, Softbank and Oracle will join forces to create Stargate, a new company investing $500 billion in AI infrastructure.
Both the Stargate announcement and the revocation of the AI safeguard Biden had put in place sparked widespread criticism ...
OpenAI, Oracle, Softbank and MGX are investing a record amount in new AI infrastructure even as China's DeepSeek outperforms on cost.
Stargate officials say the company will immediately deploy $100 billion. Construction on the first Stargate-backed project, a data center in Abilene, is already underway. "This is a huge opportunity ...
The U.S. market "could be much bigger than we thought," Reitzes wrote, noting that most of the Stargate spending seems incremental to Nvidia. By his math, even $20 billion in additional spending on ...
Salesforce CEO Marc Benioff said that the two AI leaders, Sam Altman and Mustafa Suleyman do not care for each other.
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial ...
Arista Networks ( ANET 6.85%) stock surged in Wednesday's trading. The networking hardware company's share price ended the daily session up 6.8% and had been up as much as 8% earlier in trading.
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by ...