OpenAI, Oracle Eye Nvidia Chips Worth Billions for Stargate Site
OpenAI and Oracle Corp. plan to begin filling a massive new data center in Texas with tens of thousands of powerful AI chips from Nvidia Corp. in the coming months, part of a push to get the first facility for their $100 billion Stargate infrastructure venture up and running.
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Cipher Mining acquires more than 500 acres across two sites in Texas for crypto and HPC use
Cryptomine and HPC data center firm Cipher Mining has acquired a 250-acre site in Texas, and expanded the size of the site SoftBank has shown interest in acquiring.
SoftBank in talks to borrow $16 billion to fund AI, The Information reports
SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.
SoftBank Considers Borrowing $16 Billion to Fund AI
SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company’s executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter. The Japanese technology investor might borrow another $8 billion in early 2026, the report added.
SoftBank Bets Big on AI With $16B Loan, But Can It Sustain the Risk?
SoftBank Group (SFTBY), led by CEO Masayoshi Son, is making pivotal moves in artificial intelligence (AI). The Japanese tech giant plans to