OpenAI must find $207bn to meet AI data center spending commitments - HSBC
Time for Sam Altman to look down the back of the sofa
Time for Sam Altman to look down the back of the sofa
The pair will collaborate on data center design and Foxconn will shift more manufacturing to the US
Part of second phase of development
Ups investment even as it hopes to undercut OpenAI on costs
Prior to his appointment in April, Sachin Katti had led Intel’s networking and Edge group
News comes after company denies wanting government handouts
Deal to run for seven years, and will likely see AWS build additional infrastructure to meet startup’s capacity demands
Deal struck with OpenAI and Oracle
Supplying key equipment as part of a delivery of 29 gas turbines to Stargate’s Texas data center
Calls to close “electron gap” with China
Will be split between data centers in Texas and Wisconsin
Lighthouse joins four other planned Stargates, alongside Abilene flagship
Firms look set to occupy entire campus
Chips could launch in the second half of 2026
Suggests it could be part of the country's sovereign AI effort
Company secures more funds for Abilene site hosting OpenAI
Deal will also allow OpenAI to take a ten percent stake in the chipmaker
Chipmakers say Stargate will ultimately require 900,000 DRAM chips a month
Two buildings live, six more on the way
Big Red goes into the red, bigly
At full build-out would give the project 7GW of capacity
Progress made in lengthy negotiations
But do the numbers add up?
Chip has been developed in partnership with Broadcom