6 stories tagged #Stargate

  1. SoftBank's OpenAI Debt Raises Concerns Despite Strong Earnings
    finance

    SoftBank's OpenAI Debt Raises Concerns Despite Strong Earnings

    SoftBank is poised for another robust quarter, but analysts worry about rising debt from its massive OpenAI stake.

    3w ago 1 min read
  2. SoftBank Enters Battery Manufacturing to Power AI Data Centers
    tech

    SoftBank Enters Battery Manufacturing to Power AI Data Centers

    SoftBank repurposes a former Sharp LCD factory into a battery cell plant to support its AI infrastructure, targeting production by 2027.

    3w ago 1 min read
  3. SoftBank Scales Back OpenAI Margin Loan to $6 Billion After Creditor Concerns
    finance

    SoftBank Scales Back OpenAI Margin Loan to $6 Billion After Creditor Concerns

    SoftBank Group revises $10 billion margin loan target down to $6 billion, citing difficulty valuing unlisted OpenAI. Bloomberg reports.

    3w ago 1 min read
  4. SoftBank Plans US Listing of AI Firm Roze at $100B Valuation
    tech

    SoftBank Plans US Listing of AI Firm Roze at $100B Valuation

    SoftBank plans to list its new AI and robotics firm Roze in the US, targeting a $100 billion valuation to offset commitments to OpenAI.

    last mo. 1 min read
  5. OpenAI Pauses UK AI Project Amid Energy, Regulatory Hurdles
    tech

    OpenAI Pauses UK AI Project Amid Energy, Regulatory Hurdles

    OpenAI halts its ambitious Stargate AI infrastructure project in the UK due to high energy costs and regulatory uncertainty, with potential future revival.

    last mo. 1 min read
  6. Microsoft Secures 900 MW AI Campus in Abilene, Texas
    tech

    Microsoft Secures 900 MW AI Campus in Abilene, Texas

    Crusoe Energy expands its Abilene site to 2.1 GW total capacity with a new Microsoft-backed AI campus targeting mid-2027 operations.

    2mo ago 1 min read