SoftBank's stock is down ~48% since November 3, as scrutiny into the scale of its OpenAI ties grows; on March 9, it closed down 9.8% on Stargate delay reports
Japanese group has suffered from recent share falls and a negative outlook from rating agency S&P — Once fired up, Masayoshi Son's investing enthusiasm knows few bounds.
SoftBank's stock is down ~48% since Nov. 3, as scrutiny into the scale of its OpenAI involvement grows; on Monday, SoftBank fell 9.8% on Stargate delay reports
Sources: SoftBank halts talks about a ~$50B acquisition of US data center operator Switch, a setback to Masayoshi Son's goal to roll out Stargate infrastructure
SoftBank Group Corp. has halted talks about an acquisition of US data center operator Switch Inc., a setback …
OpenAI says it will pay for the costs of developing energy-related infrastructure used by its Stargate data centers so they don't raise consumers' utility bills
How Oracle's massive Stargate deal with OpenAI has pushed Oracle to the center of the AI boom, turning its market cap into a barometer on AI sentiment
In the AI boom, no tech giant has gone all-in like Oracle. … Bluesky: Patrick Howell O'Neill / @patrickhowelloneill.com : I'm a simple ma who finds Oracle to be kind of a baffling company, this story ...
Source: Blue Owl's Digital Infrastructure funds invested ~$3B in a New Mexico-based Stargate data center, set to consume 4.5GW, as Blue Owl ramps up its AI bet
Miles Kruppa / The Information : Bluesky: @riotgrrlscout Bluesky: @riotgrrlscout : It will be powered by connecting to the existing fairy dust grid with supplemental unicorn dream turbines [embedded ...
A look at OpenAI's search for the sites of its Stargate data centers in the US; OpenAI has received 800+ applications since January and has ~20 finalist sites
It wasn't how Keith Heyde envisioned celebrating the holidays. Rather than hanging out with his wife back home in Oregon …
Sam Altman signs a letter of intent with Samsung and SK Hynix to supply Stargate; Samsung and SK Hynix say demand from OpenAI could hit 900K wafers per month
Samsung Electronics Co. and SK Hynix Co. have forged initial agreements to supply chips and other gear to OpenAI's Stargate project …
OpenAI executives working on Stargate say that it costs about $50B to build a data center with roughly 1 GW of capacity, with $35B going toward AI chips
www.crusoe.ai/resources/ne... [embedded post]
Oracle will pay for and oversee the construction of three of the new Stargate data centers, and OpenAI will then purchase computing power from Oracle
Cade Metz / New York Times :