Stargate

A recent compute deal between SpaceX and Anthropic may have given Meta Platforms, Inc‘s (NASDAQ:META) bulls a fresh way to think about the company’s massive AI spending. The reason is simple: AI compute is increasingly looking like a valuable asset rather than just a cost center. The...

Softbank Group Corp (OTC:SFTBY) may be preparing for its next giant AI gamble: borrowing against its soaring OpenAI stake to help finance an expanding empire spanning Stargate data centers, robotics and AI infrastructure. OpenAI Stake Becomes Financial Firepower During the company's earnings call,...

OpenAI is reportedly planning to set up its permanent office in London, aiming to make the city its largest research hub outside the U.S. The San Francisco-based firm told Reuters on Monday that it would start the office in 2027. The 88,500 square foot location, situated at Regent Quarter, will...

The nuclear energy rally has hit a critical failure point recently, as reports revealed significant delays in Oracle's massive AI infrastructure plans.  OKLO stock is slipping. See the chart and price action here.  Shares of Oklo Inc. (NYSE:OKLO), NuScale Power Corp. (NYSE:SMR) and Nano...

Cipher Mining Inc (NASDAQ: CIFR) just landed one of the most eye-catching endorsements in crypto infrastructure: Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG). Google took a 5.4% stake in the Bitcoin (CRYPTO: BTC) miner, securing roughly 24 million warrants as part of a 10-year, $5 billion AI hosting...

OpenAI, Oracle Corp (NYSE:ORCL) and SoftBank Group (OTC:SFTBF) (OTC:SFTBY) on Tuesday announced plans to build five new U.S. data centers as part of the $500 billion Stargate project, a massive private-sector effort to power the next wave of artificial intelligence. Five Sites Across the US OpenAI...

As OpenAI, Oracle Corp. (NYSE:ORCL) and SoftBank push forward with the $500 billion Stargate Project—an ambitious plan to build the world's largest AI infrastructure in the United States—industry watchers are closely eyeing Advanced Micro Devices, Inc.‘s (NASDAQ:AMD) next-generation chips as...

OpenAI is reportedly seeking to raise $40 billion in funding, with major investments from Saudi Arabia's Public Investment Fund (PIF), India's Reliance Industries and the existing shareholder UAE's MGX. What Happened: Each investor could contribute at least several hundred million dollars, reported...

Oracle Corp. (NYSE:ORCL) reportedly plans to spend approximately $40 billion to purchase 400,000 of Nvidia Corp.'s (NASDAQ:NVDA) GB200 AI "superchips" to power a massive new data center for OpenAI in Abilene, Texas. What Happened: The site is part of Stargate, a $500 billion AI infrastructure...

The recent OpenAI and Oracle Corp. (NASDAQ:ORCL) partnership is set to transform AI infrastructure with the launch of their massive data center initiative, Stargate. This $100 billion project, starting with a Texas facility, has the potential to reshape semiconductor demand and high-performance AI...

Oracle Corp (NYSE:ORCL) has built a solid AI narrative, with its cloud business, government contracts and a role in the high-profile Stargate initiative. But is all this enough to justify its steep valuation? Especially as the company heads towards reporting its third quarter earnings on Monday....

Last week, the market soared on the heels of President Donald Trump's pledge to make the U.S. the "world capital of artificial intelligence and crypto." Today, this ambitious directive is coming under severe fire. On Monday, China's open-source AI model called DeepSeek R1 sent shockwaves that...

Sam Altman-led OpenAI is reportedly engaged in intricate discussions to transform into a for-profit entity, but its board is grappling with valuing Microsoft Corp.'s (NASDAQ:MSFT) stake while negotiating the worth of its new charitable division at $30 billion. What Happened: The...

After U.S. President Donald Trump announced the ambitious $500 billion Stargate project, its initial equity funders SoftBank Group (OTC:SFTBY), OpenAI, Oracle Corp., and MGX along with its technology partners Nvidia Corp. and Microsoft Corp. have been in focus. We examine which of these U.S.-listed...

Moderna Inc. (NASDAQ:MRNA) shares closed up Thursday gaining momentum following recent comments by Oracle Chairman Larry Ellison about the role of artificial intelligence in revolutionizing cancer treatment. What To Know: Ellison, speaking at a White House event, highlighted AI’s potential to...