News

Meet The Tiny Startup Building Stargate, OpenAI’s $500 Billion Data Center Moonshot
Crusoe Energy got its start harnessing oilfield flare gas to mine bitcoin. So how did cofounders Chase Lochmiller and Cully ...
Stargate developer Crusoe could spend $3.5 billion on a Texas data center. Most of it will be tax-free.
The city of Abilene approved an 85% property tax abatement for data center developer Crusoe.
Forbes Daily: China Hikes Tariffs On U.S. As Trade War Heats Up
Today’s Forbes Daily newsletter covers good news on inflation, a Cybertruck sales slump, House passes budget plan, legal ...
Business Insider23d
OpenAI’ First Stargate Site at Texas to Host 400K Nvidia (NVDA) AI Chips
OpenAI, Softbank (SFTBY), and Oracle (ORCL) backed joint venture, Stargate Project, is set to host 400,000 of Nvidia’s (NVDA) AI (artificial intelligence) chips at its first site in Texas.
Texas Lawmakers Propose Regulations to Protect Power Grid
Texas lawmakers are trying to figure out how the state's already-strained power grid can keep up with the data centers that ...
Yahoo Finance23d
OpenAI’s First Stargate Site to Hold Up to 400,000 Nvidia Chips
The construction for the site, in the small Texas city of Abilene ... many have been committed to the project. The Stargate joint venture was unveiled by OpenAI, SoftBank Group Corp. and Oracle ...
Inside Amazon’s Race to Build the AI Industry’s Biggest Datacenters
With custom chips and billions in investment, this high-stakes infrastructure battle could shape the future of AI.
OpenAI close to finalizing its $40 billion SoftBank-led funding
OpenAI is nearing a $40 billion funding round led by SoftBank Group, with investors including Magnetar Capital, Coatue ...
SoftBank May Want To Outdo Microsoft With $40 Billion Investment in OpenAI's Latest Funding Round
ChatGPT parent OpenAI finalizing $40 billion funding round led by SoftBank Group Corp with Magnetar Capital, Coatue Management, Founders Fund, and Altimeter Capital Management as investors, valuing ...