Likely for Oracle’s Stargate development in Saline Township, Michigan

More money to pour into compute

Talks conclude: Microsoft gets the gig

Could secure 5GW of power by 2030

Should it breach Microsoft's exclusivity agreement with OpenAI

Company is embracing renting AI servers from cloud providers instead of building all its data center capacity

OCI-MSA looks to drive open 'plug-and-play ecosystem’ in the notoriously fierce optics market

Could lease hundreds of megawatts of capacity

OpenAI and Google workers also file brief to quash supply chain risk designation

Financing challenges and Stargate's changing scope end Texas data center expansion plans

To feed OpenAI buildout, company will slash staff

Will see Google, Microsoft, Meta, Oracle, xAI, OpenAI, and Amazon commit to buy or build generation needed for their facilities

After Anthropic gets supply-chain risk designation for not allowing such work on Claude

After Amazon pumps $50bn into the AI company

ChatGPT maker soars to $730bn valuation, signs Amazon compute deal

CEO has previously talked up $1.4 trillion spend over eight years

Generative AI giant is seeking a $730 billion valuation

With nearly two thirds of US data center construction happening in frontier markets

Following earlier deal with Microsoft

Fundraise comes two weeks after company announced $10bn deal with OpenAI

Company saw $440m of sales to China during the year, and is in discussions with customers for multi-year Helios deployments

Comes in same week Nvidia CEO downplays $100bn investment pledge in OpenAI

As company pushes back on claims that Jensen Huang was frustrated with OpenAI and its lack of discipline

Also reportedly considering 20-30k in layoffs