Stargate
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techOpenAI, Nvidia Negotiate $500B Ohio AI Data Center Deal
OpenAI and Nvidia are finalizing a massive 10GW AI infrastructure project in Ohio, part of the Stargate initiative. Nvidia may provide financial backing for the $500 billion venture.
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financeSoftBank'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.
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techSoftBank 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.
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financeSoftBank 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.
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techSoftBank 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.
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techOpenAI 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.
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techMicrosoft 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.