About 875 acres in Abilene, or roughly the size of New York’s Central Park, have been set aside to construct data centers, according to city documents seen

In a small Texas city nearly 200 miles west of Dallas, the first data center associated with the US$100 billion Stargate venture from OpenAI, SoftBank Group and Oracle is taking shape.

SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.

Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.

President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a

The $500 billion Stargate Initiative — led by Trump, OpenAI, SoftBank, and Oracle — is set to revolutionize U.S. AI infrastructure.

The rise of artificial intelligence, the digitization of the economy and everyday life’s growing computing needs have turbocharged the expansion of data centers, driving up a surge in electricity demand in Texas and across the country.

OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.

SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.

The new joint venture between OpenAI, Oracle, SoftBank and other partners intends to build the infrastructure needed to greatly expand artificial intelligence in the U.S.

On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project, by far, in history."

(Bloomberg) -- SoftBank Group Corp., OpenAI ... with a buildout of the first computing system starting in Texas, SoftBank said. While SoftBank and OpenAI are the lead partners in the venture ...