Analyst predicts Big Red will need a loan of $25bn per year to support the partnership

Big Red goes into the red, bigly

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This is on top of $350bn in expected spend

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

After Matt Clifford, author of the nation's AI data center strategy, departed in June

As company releases its latest generative AI model

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

Microsoft loses exclusive partner status, still wants some guarantees

Generative AI company could support AI Growth Zones

Likely the world's largest cloud deal

Could cost more than $159bn in a five-year partnership

Will be housed in the Abilene, Texas, data center campus

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

But projects will be "in coordination with the US government"

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

UK leads shortlist, but France and Germany in the running

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