How OpenAI scrambled for compute as Stargate stalled amid clashes with SoftBank; sources say OpenAI building its own data centers is not its near-term priority
When President Donald Trump announced the $500 billion Stargate AI data center project in January 2025, the three companies charged …
Inside the first Stargate AI data center, in Abilene, Texas: thousands working to build eight near-identical structures, startup Crusoe spending ~$12B, and more
OpenAI, Oracle and SoftBank hope that the site in Texas is the first of many across the US. — Trucks carrying concrete …
SoftBank reports Q4 net profit up 124% YoY to ~$3.5B, a surprise profit and above a ~$182M loss est., due to improving valuations of Alibaba, T-Mobile, and more
Japanese tech investment group says multiple sites in Texas are being prepared for launch of Stargate AI project
Sources: OpenAI is in early talks to raise up to $40B at a $340B valuation; the startup was last valued at $157B in October, when it raised $6.6B
I'm old enough to remember when $6.6B was an unheard of amount of money for a startup to be raising. Bluesky: Ed Zitron / @edzitron.com : I LOVE Masayoshi Son. The entire generative AI market is pote...
Filing: OpenAI spent $1.76M on lobbying in 2024, up from 2023's $260K, including for the AI Advancement and Reliability Act and the Future of AI Innovation Act
with more than $10 million spent in 2024 David Meyer / Fortune : Elon Musk fumes as Trump's Stargate AI announcement elevates arch-rival Sam Altman LinkedIn: James O'Donnell : I dug into OpenAI's late...