Company is one of OpenAI's cloud providers, and an Anthropic investor

US banks are refusing to lend due to existing OpenAI commitments

Site being developed by Stack and BorderPlex Digital Assets will be used for OpenAI

In an attempt to prevent electricity price increases for regular ratepayers

Claims a clear correlation between aggressive data center ramp-up and rising revenue

Merge Labs emerged from stealth last week following a $252 million seed round

As ChatGPT continues to expand its chip portfolio

Cites recent reports of data center delays

Internal messages note that the milestone was hit under "intense spotlight"

OpenAI, SoftBank commit $1 billion into the firm

Court documents show Musk helped facilitate the partnership he now condemns

Stargate is an expensive business

Would see OpenAI also using AWS' custom AI chips

Austerity architect to focus on build out outside of the US

Program gets backing from Big Tech

Previous reports suggested data center completion dates had been pushed back a year

Company starts work on Stargate site

And a new unnamed XPU customer is teased

Shares dip on the news

Employees at Deutsche Telekom will be able to use OpenAI's enterprise products internally

Was the design director at the colocation giant

$4.5bn site is planned for Eastern Creek

Unlikely to help the data center's case

After Reliance Industries negotiations reportedly stall