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Oracle Reportedly Considering 30,000 Job Cuts to Fund AI Data Centre Expansion
Oracle is reportedly considering cutting between 20,000 and 30,000 jobs to fund its artificial intelligence (AI) data centre buildout. As per the report, several US banks have backed out of funding the company’s ambitious plans to build AI data centres after raising questions about the company’s ability to handle such a large-scale project.
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OpenAI Reportedly Plans To Build Its First Data Centre in India With 1GW Capacity
OpenAI, the company behind the artificial intelligence (AI) chatbot ChatGPT, is reportedly planning to establish its first data centre in India. The report comes at a time when the company CEO, Sam Altman, has confirmed visiting the country later this month. Additionally, the AI firm will also be opening its first India office by the end of 2025.
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Oracle Said to Buy $40 Billion of Nvidia Chips for OpenAI's US Data Center
Oracle reportedly plans to spend approximately $40 billion on Nvidia's high-performance chips to power a new US data center for OpenAI. According to a report in The Financial Times, Oracle will acquire around 400,000 of Nvidia's powerful GB200 chips. Located in Abilene, Texas, this data center is part of the US Stargate Project, aimed at boosting t...
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OpenAI for Countries Initiative to Build AI Infrastructure for More Countries Announced
OpenAI announced a new initiative on Wednesday aimed at helping countries outside of the US build artificial intelligence (AI) infrastructure. Dubbed OpenAI for Countries, the initiative is part of the Stargate Project it announced in January. While Stargate Project is primarily focused on developing AI infrastructure in the US, the new initiative ...
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What Is Stargate, OpenAI's $500 Billion Project To Make US A Global AI Leader
Sam Altman's OpenAI is working on a massive project called Stargate, which aims to make the US a global leader in AI.
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Top Officials from the US and UAE Initiate Talks on Crypto and AI Exploration: Key Details
Sheikh Tahnoon Bin Zayed Al Nahyan of the UAE met with key officials from President Trump’s administration this week, including White House crypto czar David Sacks. Their discussions focused on expanding the role of digital currencies, particularly in international financial systems.
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Dive Into The DeepSeek: The Chinese AI Startup That's 'Deeply' Shaking Up Silicon Valley
DeepSeek's disruption comes at an awkward moment for the US President Donald Trump, who launched The Stargate Project- a $500 billion AI infrastructure investment.
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Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
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"Satya Definitely Does Have Money," Says Elon Musk, Nadella Responds
Satya Nadella assured Microsoft would invest $80 billion in building Azure, its cloud computing platform.
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Donald Trump Waves Off Criticism From Elon Musk On $500 Billion AI Project
US President Donald Trump announced on Tuesday that ChatGPT's creator OpenAI, SoftBank, and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs.
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Oracle Reportedly Considering 30,000 Job Cuts to Fund AI Data Centre Expansion
Oracle is reportedly considering cutting between 20,000 and 30,000 jobs to fund its artificial intelligence (AI) data centre buildout. As per the report, several US banks have backed out of funding the company’s ambitious plans to build AI data centres after raising questions about the company’s ability to handle such a large-scale project.
-
OpenAI Reportedly Plans To Build Its First Data Centre in India With 1GW Capacity
OpenAI, the company behind the artificial intelligence (AI) chatbot ChatGPT, is reportedly planning to establish its first data centre in India. The report comes at a time when the company CEO, Sam Altman, has confirmed visiting the country later this month. Additionally, the AI firm will also be opening its first India office by the end of 2025.
-
Oracle Said to Buy $40 Billion of Nvidia Chips for OpenAI's US Data Center
Oracle reportedly plans to spend approximately $40 billion on Nvidia's high-performance chips to power a new US data center for OpenAI. According to a report in The Financial Times, Oracle will acquire around 400,000 of Nvidia's powerful GB200 chips. Located in Abilene, Texas, this data center is part of the US Stargate Project, aimed at boosting t...
-
OpenAI for Countries Initiative to Build AI Infrastructure for More Countries Announced
OpenAI announced a new initiative on Wednesday aimed at helping countries outside of the US build artificial intelligence (AI) infrastructure. Dubbed OpenAI for Countries, the initiative is part of the Stargate Project it announced in January. While Stargate Project is primarily focused on developing AI infrastructure in the US, the new initiative ...
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What Is Stargate, OpenAI's $500 Billion Project To Make US A Global AI Leader
Sam Altman's OpenAI is working on a massive project called Stargate, which aims to make the US a global leader in AI.
-
Top Officials from the US and UAE Initiate Talks on Crypto and AI Exploration: Key Details
Sheikh Tahnoon Bin Zayed Al Nahyan of the UAE met with key officials from President Trump’s administration this week, including White House crypto czar David Sacks. Their discussions focused on expanding the role of digital currencies, particularly in international financial systems.
-
Dive Into The DeepSeek: The Chinese AI Startup That's 'Deeply' Shaking Up Silicon Valley
DeepSeek's disruption comes at an awkward moment for the US President Donald Trump, who launched The Stargate Project- a $500 billion AI infrastructure investment.
-
Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
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"Satya Definitely Does Have Money," Says Elon Musk, Nadella Responds
Satya Nadella assured Microsoft would invest $80 billion in building Azure, its cloud computing platform.
-
Donald Trump Waves Off Criticism From Elon Musk On $500 Billion AI Project
US President Donald Trump announced on Tuesday that ChatGPT's creator OpenAI, SoftBank, and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs.
