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Results for "Stargate"

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America's AI Boom Creates Jobs, Not Just UBI Need
PoliticsFox News14d ago

America's AI Boom Creates Jobs, Not Just UBI Need

The growth of the AI sector, including projects like Stargate and new data centers, is generating high-paying jobs for skilled tradespeople, challenging the notion that AI will primarily lead to a need for universal basic income.

Trump Rejects Iran Peace Terms, Oil Prices Surge
WorldBBCbloombergNYT+89FTle-mondeThe GuardianNPRAl Jazeeradr-dkFox Newsnrk+81 more3mo ago92 sources

Trump Rejects Iran Peace Terms, Oil Prices Surge

US President Donald Trump rejected Iran's latest peace proposals, calling them "completely unacceptable," a move that caused oil prices to surge and intensified tensions over the Strait of Hormuz.

Canadian Mass Shooting Victims' Families Sue OpenAI, CEO
TechnologyAPReutersBBC+30bloombergNYTFTle-mondeThe GuardianNPRdr-dkcbc+22 more3mo ago33 sources

Canadian Mass Shooting Victims' Families Sue OpenAI, CEO

Families of victims from a mass shooting in Tumbler Ridge, Canada, have filed a lawsuit against OpenAI and CEO Sam Altman in a US court. They allege that OpenAI had identified the perpetrator prior to the attack.

Predictions for Next Trillion-Dollar AI Stock Emerge
TechnologyYahoopunch-ng1mo ago2 sources

Predictions for Next Trillion-Dollar AI Stock Emerge

Analysts are predicting which artificial intelligence (AI) stocks are poised for significant growth, with some identifying potential trillion-dollar companies that could be added to major portfolios like Berkshire's.

Trump-Xi Summit Approaches Amid Trade Tensions and Sanctions
PoliticsbloombergFTwapo+31The GuardianNPRFox NewsfazberlingskeDWSCMPsvenska-dagbladet+23 more3mo ago34 sources

Trump-Xi Summit Approaches Amid Trade Tensions and Sanctions

Ahead of a highly anticipated summit between US President Trump and Chinese President Xi, trade talks were confirmed, and the US imposed sanctions on Chinese companies. The meeting was expected to address ongoing trade tensions and other bilateral issues, with both sides preparing for crucial discussions.

Oracle Scraps Data Center Project with OpenAI
BusinessTimes of India5mo ago

Oracle Scraps Data Center Project with OpenAI

Oracle and OpenAI have canceled their plans to expand the flagship Stargate data center in Abilene, Texas, following months of unsuccessful negotiations over financing and changing demand.

This US state could be the new data center capital of the world by 2030
TechnologyBusiness Insider6mo ago

This US state could be the new data center capital of the world by 2030

Google executives meet with officials at a Google data center in Midlothian, Texas. Fortune via Reuters Connect Northern Virginia is home to the world's largest data center market. That could soon change, as Big Tech ramps up data center construction across the US. West Texas, Tennessee, Wisconsin, and Ohio are emerging as key markets. The old saying "Everything is bigger in Texas" now applies to data centers. The Lone Star State is on track to unseat Virginia as the world's largest data center market by 2030, new research from Jones Lang LaSalle shows. The shift indicates how drastically the data center development boom has reshaped the US's digital infrastructure map and the landscape as a whole. Amazon, Microsoft, Google, and Meta plan to spend more than $600 billion on AI infrastructure expansion in 2026 — a number so dizzyingly high that Wall Street is on high alert for signs of an AI bubble. More than half of all data center construction in the US now happens outside the industry's traditional hubs, according to JLL's North America Data Center Report — Year-End 2025. Tennessee, Ohio, Wisconsin, and Texas are now considered the top emerging markets for data centers. Texas alone has 6.5 gigawatts of data center capacity under construction. That amount of power is roughly equivalent to more than three Hoover Dams or over 17,000 Tesla Model 3s when using the US Department of Energy's standard, and it accounts for about one-fifth of the 35 gigawatts of data center capacity the US added to its pipeline. That 35 gigawatts is roughly equivalent to the annual electricity consumption of the UK or Italy, and adding it would nearly double the existing data center capacity in the US, according to JLL. Part of Texas's appeal is its sprawl. The state houses some of the most ambitious data center projects in the country. Oracle and OpenAI's flagship Stargate data center is in Abilene, Google is planning a $40 billion expansion in West Texas, and Meta is building a massive new site in El Paso, just to name a few. Texas also has abundant energy resources, which is good news for data center developers. The AI boom has driven electricity demand to new heights and strained the nation's power grid. In Texas, several data centers — including Stargate — are being built alongside on-site power plants. Northern Virginia has been the data center industry's central hub for more than 15 years, going back to the early days of cloud computing. That has changed rapidly as Big Tech spreads out across the country in search of available power, cheap land, and the best tax incentive packages for the coming wave of AI data centers. Have a tip? Contact this reporter via email at ethomas@businessinsider.com or on Signal at 929-524-6964. Read the original article on Business Insider

Amazon Cancels 'Stargate' Series, Will Arnett Joins 'The Challenger'
Culturevarietyhollywood-reporterdeadline+2ignscreen-rant2mo ago5 sources

Amazon Cancels 'Stargate' Series, Will Arnett Joins 'The Challenger'

Amazon has officially canceled the planned 'Stargate' series from Martin Gero, just six months after its announcement. Meanwhile, Will Arnett has joined Kristen Stewart in Amazon's upcoming 1980s NASA limited series, 'The Challenger'.

Invisible datacentres and capricious chips: is UK’s AI bubble about to burst?
TechnologyThe Guardian5mo ago

Invisible datacentres and capricious chips: is UK’s AI bubble about to burst?

Datacentre investment boom is one of the biggest infrastructure gambles of this era, and Britain may be uniquely exposed Stargate was to be the world’s biggest AI investment: a $500bn infrastructure project to “secure American leadership in AI”. Never shy of hyperbole, its key backer, the ChatGPT-maker OpenAI, promised “massive economic benefit for the entire world” with facilities to help people “use AI to elevate humanity”. Now, OpenAI appears to be dropping out of a part of the deal – the ...

Businessbloomberg5mo ago

SoftBank Group Shares Slump Amid Stargate AI Concerns

SoftBank Group's shares have slumped and its credit default swaps widened due to concerns surrounding its Stargate AI initiative. Investors are reacting to potential risks or uncertainties related to the ambitious AI project.