Big Red goes into the red, bigly

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Following Nscale's Microsoft deal

Progress made in lengthy negotiations

CEOs will join President Trump in UK to announce the deal

Data centers in Wisconsin and Texas set to get funding

Investor hallucinations are driving an AI spending spree

Will be used to "accelerate delivery of services for OpenAI" and expand infrastructure footprint

Microsoft loses exclusive partner status, still wants some guarantees

Likely the world's largest cloud deal

JPMorgan Chase to provide funding for US Stargate project, and potential plans for Stargate in APAC laid out

As it continues to expand on Lancium site

Elon Musk's lawsuit appears to have worked, but OpenAI still gets to drop investment limiter

Elizabeth Warren and Ron Wyden question the company's ties with OpenAI and Anthropic, respectively

Stargate backer SoftBank leads investment, but there are strings attached

Unclear whether the site is part of plans to commercialize OpenAI models in Japan

Will move three-quarters of its compute by end of decade

It doesn't need to be a real offer to have a real impact

Japanese firm has first refusal to buy 300MW data center site in Texas from company

Exceeds previously reported figure by $16 billion

The Chinese startup claims its model was trained for significantly less money than those developed by US labs

As it moves further from its founding vision

But discussions ultimately went nowhere

Company announced plans to switch to for-profit in September 2024