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Stargate's 1st Data Center Site is Size of Central Park
OpenAI’s $100 Billion Stargate Data Center in Texas Will Reportedly Only Employ 57 People
Despite its massive scale, Stargate intends to employ “at least” 57 full-time employees earning an average wage of just $57,600 annually, according to documents seen by Bloomberg regarding the ambitious data center project.
First data center for Trump administration's Stargate AI initiative coming to Abilene
Stargate's first data center campus, located in Abilene, will be about 875 acres, but only says it will create at least 57 jobs.
Stargate's First Data Center Site is Size of Central Park, With At Least 57 Jobs
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 by Bloomberg News. Or
Trump's AI push puts data-center bonds in focus
Investors aren't getting a whole lot of extra compensation on highly rated corporate bonds these days with spreads near historic lows. But securitized products, a catch-all for bonds that finance aircraft,
Data centers are booming in Texas. What does that mean for the grid?
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.
Trump's Big AI Goals Start Small: 57 Jobs at a Texas Data Center
In a small Texas city nearly 200 miles west of Dallas, the first data center associated with the $100 billion Stargate venture from OpenAI, SoftBank Group Corp. and Oracle Corp. is taking shape. About 875 acres in Abilene,
Stargate's first data center located in Texas, with some 57 jobs
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.
Meta to spend up to $65B on massive AI data center
Mark Zuckerberg wants to spend $60B on building data centers this year
Meta’s capital expenditures for this year are expected to range from $60 billion to $65 billion, the New York Times reported, citing a Facebook post from the company leader. That’s a massive jump from the $38 billion to $40 billion the company spent last year.
Meta to spend up to $65B on massive AI data center: ‘Defining year for artificial intelligence’
Zuckerberg expects Meta’s AI assistant — available across its services, including Facebook and Instagram — to serve more than 1 billion people in 2025.
Meta to Invest Up to $65B in 2025 Into Data Center, AI
Meta Platforms plans to invest up to $65 billion in capital expenditures in 2025 to expand efforts related to data centers and artificial intelligence. Chief Executive Mark Zuckerberg said the social-media company will build a 2-gigawatt-plus data center and will end the year with more than 1.3 million graphics processing units (GPUs).
2h
on MSN
Elon Musk’s xAI is buying equipment — and getting a tax break — for an X data center in Atlanta, documents show
Elon Musk is building out some of the computing infrastructure for his AI startup by pairing it with the X social ...
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Behind $500 billion AI data center plan, US startups jockey with tech giants
This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts ...
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Amazon spends $102 million in Ohio for data center land. Are server farms, data centers the same?
Amazon bought hundreds of acres of land in Ohio to build a massive data center. Are server farms and data centers different?
2d
on MSN
OpenAI teams up with SoftBank and Oracle on $500B data center project
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Hosted on MSN
12m
The AI Boom Continues: Key Sectors to Buy Now
Artificial intelligence has been the dominant market narrative for nearly two years, driving much of the stock market’s gains during this period. While the enthusiasm around AI may seem to be waning, ...
42m
How College Freshman Fall 2024 Enrollment Increased
Freshman enrollment rose 5.5% in fall 2024, with the highest increases at community colleges and for-profit schools.
59m
New details emerge about Project Stargate as Meta discloses $60B+ AI investment
OpenAI, SoftBank Group Corp. and Oracle Corp. unveiled Project Stargate during a Tuesday press briefing at the White House.
Hosted on MSN
32m
Bedrock Energy Drives Innovation in Data Center Cooling with Geothermal Technology
Bedrock Energy, a pioneering startup, is making strides in the realm of geothermal energy by employing sophisticated data ...
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