OpenAI and Oracle announced a surprising $300 billion, five-year agreement for AI infrastructure, sending Oracle's stock soaring. The deal represents OpenAI's strategy to build comprehensive global AI supercomputing capa...
OpenAI has reportedly signed a historic $300 billion cloud computing contract with Oracle spanning five years, starting in 2027. This deal is part of OpenAI's strategy to diversify away from Microsoft Azure and secure ma...
Meta plans to spend $66-72 billion on AI infrastructure in 2025, more than doubling its previous investment to build massive data centers and AI superclusters. The company is constructing "titan clusters" including Prome...
Meta is using temporary tent structures to rapidly expand its data center capacity while permanent facilities are under construction, demonstrating urgency to compete in the AI race. The company is building a 5-gigawatt...
Saudi Arabia's state-owned AI company Humain is launching a $10 billion venture fund to invest in AI startups across the U.S., Europe, and Asia, while engaging with major firms like OpenAI and xAI. The company plans to b...
OpenAI is reportedly developing a 5-gigawatt data center campus in Abu Dhabi spanning 10 square miles, as part of its global Stargate project with G42, an Abu Dhabi-based tech conglomerate. The facility would be four tim...
An analysis by Epoch AI suggests that performance improvements in reasoning AI models may plateau within a year despite current rapid progress. The report indicates that while reinforcement learning techniques are being...
A new study from Georgetown, Epoch AI, and Rand indicates that AI data centers are growing at an unprecedented rate, with computational performance more than doubling annually alongside power requirements and costs. If c...
SoftBank Group is acquiring Ampere Computing, a semiconductor designer specializing in ARM-based server chips, for $6.5 billion in an all-cash deal. This acquisition follows SoftBank's series of AI-focused investments, i...
Elon Musk's AI company xAI has acquired a 1 million-square-foot property in Memphis to expand its AI data center operations, complementing its existing facility. The company plans to upgrade its primary Memphis facility...
