OpenAI Eyeing More Data Centers in Texas, Other States for Stargate, Bloomberg News Reports
Stargate, a joint venture between ChatGPT creator OpenAI, Oracle and SoftBank, plans to invest up to $500 billion to help the United States stay ahead of China and other competitors in the global AI race.
Oracle stock jumped 6% on a report that Trump plans to announce billions of dollars in private sector investment to build artificial intelligence infrastructure in the US.
Oracle Corporation (NYSE:ORCL) offers products and services that ... Under the Stargate project, the trio will begin with a large data center in Texas, which is expected to expand to other states ...
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