Oracle will reportedly buy $40 billion worth of Nvidia’s chips to power the first Stargate project, a new data center in Abilene, Texas. The company will buy 400,000 of Nvidia’s latest “superchips” for training and running artificial intelligence (AI) systems, the GB200 chips, and lease the computing power they...
One of OpenAI’s future data centers has reportedly secured $11.6 billion in funding commitments. The center, set to become the ChatGPT maker’s largest, is being constructed in the Texas community of Abilene by the startup Crusoe and is critical to boosting OpenAI’s computing power, the...
OpenAI is reportedly close to finalizing what would be the largest funding round of all time. That $40 billion round is being led by Japanese conglomerate SoftBank, with other venture capital groups in talks to participate, Bloomberg News reported Wednesday (March 26), citing sources familiar with the matter. The...
From its genesis as a small nonprofit startup in Silicon Valley in 2015, OpenAI has transformed itself into the top artificial intelligence (AI) company today, a status minted by ChatGPT, the most widely used AI chatbot in the world. Its ambitions are nothing short of...
February 13, 2025
From its genesis as a small nonprofit startup in Silicon Valley in 2015, OpenAI has transformed itself into the top artificial intelligence (AI) company today, a status minted by ChatGPT, the most widely used AI chatbot in the world. Its ambitions are nothing short of grand: Last month, OpenAI CEO Sam Altman stood with President […]
July 21, 2025
The Stargate artificial intelligence (AI) infrastructure project reportedly got off to a slow start. Six months after project was announced, the newly formed company operating the effort has not made a deal to build a data center and has shifted its goal from investing $100 billion immediately to building one data center by the end of 2025, […]
May 23, 2025
Oracle will reportedly buy $40 billion worth of Nvidia’s chips to power the first Stargate project, a new data center in Abilene, Texas. The company will buy 400,000 of Nvidia’s latest “superchips” for training...
May 21, 2025
One of OpenAI’s future data centers has reportedly secured $11.6 billion in funding commitments. The center, set to become the ChatGPT maker’s largest, is being constructed in the Texas community...
March 27, 2025
OpenAI is reportedly close to finalizing what would be the largest funding round of all time. That $40 billion round is being led by Japanese conglomerate SoftBank, with other venture capital groups...